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Technology Stocks : DSSI/DATA Systems & Software

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To: Madharry who wrote (760)	10/21/1998 11:47:00 PM
From: yosi s	Read Replies (1) of 1061

Regarding Morgenstern compensation. He was able to buy comverge from Lucent for under 2 million. Lucent spend over 30 million to get that far. Powercom spend over 8 million Dollars. So Morgenstern brought minimum 6 million in saving to DSSI (that is a little over a year salary) by getting comverge. That is if they developed in house at the rate powercom. Granted Comverge needs sales to show profit. But keeping cost down helps once sales roll in. In regards to on going test that is what the TVA wants they pay for most of it anyway. We need to wait 2 more Quaters if by then comverge is unable to gain contracts, Then consider different options.

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