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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation
IAIC 4.280+12.3%Dec 16 4:00 PM EST

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To: kampjoel who wrote (1786)7/28/1998 9:22:00 PM
From: Bob Trocchi  Read Replies (2) of 2011
 
kampjoel...

>>What we have "heard" is that IAIC missed booking ~$400k in contracts by ~ 2 days<<

"Bookings" should not count as revenue, especially at a consulting company. IAIC must deliver a service BEFORE they can count it as revenue. Thus if you are correct about the word "booking" i.e. signed a contract, it would have had NO impact on the revenue figures.

Can you clarify?

Hopefully they can get a bunch of contracts mostly thru CA and increase the value of the stock. My guess is that there is a lot of people who will sell into any strength thus capping any true long term stock price increase. That coupled with the fact that the bulk of the business being done in the next 4 q's does not feel to me like a growth stock.

I will remain long but will be very tempted to sell into strength.

Bob T.
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