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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: ThirdEye who wrote (9867)3/5/1998 11:38:00 AM
From: M. Frank Greiffenstein  Read Replies (2) of 13949
 
Taoman,

I am shocked, yes, shocked, to discover from RiskyBusiness that startup costs prior to revenue ramp up may be greater than initial revenues <g>. I mean, aren't profits supposed to start immediately?

I got into TAVA when there were all sorts of warnings that the ramp up to provide y2k services would would comapny into bad cashflow position. Not only that, they have lost almost 3 million in billable hours because engineers have to take time to write software. Based on today's KO news, you can see what happens when you are willing to break a few eggs to make an omelet.

DocStone
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