SI
SI
discoversearch

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.
Gold/Mining/Energy : Bridges.com (T.BIT)
BIT 13.29+0.2%Nov 10 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: keith massey who wrote (852)4/21/1999 3:50:00 PM
From: rustico   of 1249
 
I think you are looking only at new revenue here Keith.

I wonder if existing contracts are paid for entirely up front. It would make more sense if these existing contracts paid an up front fee followed by a monthly subscription charge. On top of that you have renewals (90%).

It's a good question though. As good as major contracts, such as the Ontario deal, are for the company, if they aren't renewed they will impact substantially on revenue. The Ontario contract renewal also will impact expenses as renewals will require sales efforts with individual school boards throughout the province rather than dealing just with the ministry.

I am long.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext