To: Rick who wrote (7202 ) 10/22/1997 1:47:00 AM From: Gary Green Read Replies (2) | Respond to of 12454
Perhaps BT deal is misunderstood- It may be better than expected I have gone through some of the material posted here earlier and now have a hunch that I may have misunderstood the BT deal completely, and maybe if my new insight is closer to the truth,others on this thread may have made the same mistake. Instead of looking at BT as a customer of CCEE, it may very well be more accurate to see BT as a co-marketer of CCEE's dbExpress to BT's large customers. This is what the deal was described as originally, and it makes more sense for CCEE (to say nothing of more dollars because instead of having BT as CCEE's dominant client for dbExpress, CCEE gets a crack at multiple sales to BT's customer base.). As I see the picture now, this deal is a real win-win also because it would provide an opportunity for BT to gain revenue if it elected to charge its customers (or to be paid by CCEE some form of fee for marketing dbExpress). Obviously, if my hunch about the nature of the BT deal is correct, then CCEE would have an easier time selling BT, and possibly would not need the large rainy day fund I hypothesized in my earlier posts. On the downside, there would probably be no big up front payment by BT because it would not be the actual customer. However, if I have it right (or if I am closer to the mark than I was), the upside for CCEE would be far greater with a variety of paying customers, all using the same data base management tools to access their differing data bases. This would allow CCEE to avoid being a captive of BT as its dominant customer. The One thing that is not clear at this moment is what CCEE would do with the money it expects to raise from the new stock it seeks to have authorized.