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Technology Stocks : Hummingbird Comm. (HUMC)

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To: Method who wrote (1513)4/15/1998 11:52:00 AM
From: andrew  Read Replies (1) of 2018
 
this is taken right from their website:

Toronto, Ontario, Canada, April 9, 1998-Hummingbird Communications Ltd. (TSE:"HUM" and NASDAQ: "HUMCF"), a world leading enterprise software company, today announces that a major United Kingdom government department has purchased a site license of Hummingbird GQL ad hoc query and reporting software and its three-tier DSS Broker application server. The deal includes 45,000 software seats plus
consultancy and support, and was booked in March 1998.

Why would they mention a booking date of March if not to record some revenue this Q?? Anyone know how much they stand to get from the
consultancy & support?

I'm guessing the latest move up has been helped by some shorts covering. Any ideas? At an average daily volume volume of 75k
shares it should only take a few months for the unwinding of
the short positions!!! Who knows???
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