Scott confirms (in writing) - no secondary is planned ...
Subj: Re: Looking for confirmation ...
Date: 98-04-03 14:19:07 EST
From: Liolios@PacificGP.com (Scott Liolios)
Reply-to: Liolios@PacificGP.com
To: Biffpincus@aol.com (Biffpincus)
Hello David,
It is anything but quiet around here. I have gotten several questions regarding this post of 500 new hires. To this point, the information is just not accurate. Yes, TAVA is aggressively hiring. But there is no way I can confirm the 500 number. I also think it is a stretch to use the extrapolation used in the post regarding billing. Rates are negotiated, the post assumes a perfectly efficient work week. The post is just not true.
There is also no truth to a secondary. The company is not in any discussions ...
Thanks for your support and I hope this clears it up.
Scott Liolios
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Biffpincus wrote:
Scott,
...
I'm writing to get confirmation regarding a post I came across on AOL. Could you please take a look at the following:
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Subject: Re: First Call and TAVA
Date: Mon, Mar 30, 1998 12:40 EST
From: BACH4321
Message-id:
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
The model is another Keane
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Scott, if this is true, this new hire binge has astonishing implications for revenue projections and the obvious remediation work that is expected, or has already been contracted for.
Can you confirm these numbers?
I'm hoping that the poster got it right, but it seems too good to be true ... Thanks for your help on this one.
...
Could you also please confirm Jan McCabe's post on SI that TAVA is NOT planning a secondary. She said she talked with you on the phone about it ... Is there anything substantive you can add to the discussion or perhaps you could just confirm (for due diligence's sake) what you said to Jan.
Hope all is well with you and yours.
David |
