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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: biffpincus who wrote (13778)3/31/1998 1:05:00 PM
From: Casey  Read Replies (2) of 31646
 
Sorry to spoil the part a little:

<<I called Tava's denver office .... they are hiring 500 engineers as I speak/800 x 160 per hr x 8hrs x 5days x 52 wks = 266,000,000 in revs/.This is just the beginning>>

Just a little 'hypey'. If it's true that they will hire 500 engineers:

1. they won't be able to charge $160/hour for them all - it just isn't realistic to believe so;
2. they won't be billing 160 hours x 8 hours x 5 days x 52 weeks. Human beings get sick, they take vacations, ....
3. they will be taking time to mobilize and demobilize from jobs which is often not billable.

This level of hiring is positive, if true, but let's keep the potential in the realm of reality<g>.
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