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Non-Tech : Auric Goldfinger's Short List

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To: Sir Auric Goldfinger who wrote (1440)2/3/1999 10:10:00 PM
From: Nazbuster  Read Replies (2) of 19428
 
AG, I looked at TIER (and discovered they are only a few miles from me). In the interest of accuracy, I found the following in their SEC filing and offer it for information:

For the twelve months ended September 30, 1998, Humana Inc., the State of Missouri and Unisys Corporation accounted for 26.5%, 20.0% and 11.2% of the Company's revenues, respectively. ... A significant portion of the Company's revenues are derived from sales to government agencies. For the fiscal year ended September 30, 1998, approximately 36.1% of the Company's revenues were derived from sales to government agencies.

It seems their distribution across clients is more even than your estimate of 50-80% for Humana. More than client concentration, I'd worry about how long this huge demand for contract work will continue altogether as Y2K work gets completed. They certainly have an excellent business climate right now, but by late 1999?
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