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Technology Stocks : FirstWave Technologies (FSTW) -- Ignore unavailable to you. Want to Upgrade?


To: TEDennis who wrote (8086)2/24/2003 10:50:21 PM
From: TEDennis  Read Replies (1) | Respond to of 9677
 
Since we're talking about acquisitions ....

QwikQuote had sales of $306,000 in 2002, and has two employees who handle sales and tech support in Pennington, NJ. The product sells for $249 for the "Pro" version, which includes the Reporter 2000. QwikQuote also sells an interface to link quotes to Intuit QuickBooks. On-going development is sub-contracted to a firm in China for $4166 per month. We estimate that there are about 20,000 people using QwikQuote; the recent addition of excellent security features should enable the product to increase its sales to larger companies.

[...snip...]

The owners of QwikQuote have taken separate paths: one works for in drug development, another lives in Hawaii, and the third operates an Internet photography site. The owners are seeking to sell the company because they are not involved on a day-to-day basis.

businessshark.com

$306,000 in 2002 revenues? I bet that's more than 1stOrder had. In its entire "life".

TED