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To: brad greene who wrote (15346)10/28/1999 11:37:00 AM
From: David  Read Replies (1) | Respond to of 26039
 
That 'up to $10 million' government announcement is something less than it might appear to unschooled eyes. All it means is that ANADAC is pre-qualified to bid on various government jobs, along with other pre-qualified contractors.

It is important, of course, to get on that list. Otherwise you don't get any government business. But when you have several sources competing, the profit margins tend to narrow and the timing of any awards must remain unknown. I think it is likely ANADAC will get near the $10M in government business, assuming they can put in competitive bids, but we have no guarantees on either revenues or profits.