TAVA Technologies (TAVA-NASDAQ) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nimbus who wrote (17912)	6/3/1998 9:08:00 AM
From: Rick Bullotta	Read Replies (2) of 31646

In general, the revenues can be realized when a) The software is shipped to the customer (in the case of the Plant Y2K CD's) and b) The engineers report billable hours against these contracts (since they are probably all time-and-materials contracts). Pretty rare that these would have any upfront payment other than for the Plant Y2K software... Problem here will be manpower resources. At last count, there were 400 or so engineers...a 12,500,000 month would require almost 600-650 engineers to execute. Add to that the natural reality that these audits require some manpower and assistance from the client, which inevitably delays things a bit. So I certainly expect a lag/spread effect... Still, it is GREAT NEWS to hear these kind of wins!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next