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To: TokyoMex who wrote (6702)12/1/1997 5:02:00 PM
From: Steve Childs  Read Replies (2) | Respond to of 31646
 
I posed a question to Scott Liolis about TPRO hiring objectives in the near term, in order for TPRO to meet revenue objectives. Here's his response:

"
I apologize it has taken me so long to get back to you. To answer your
question: I do not believe an exact number of new hires has been determined.
However, the company has been very aggressive in finding new hires. The
company expects to hire 20- 30 new hires by the end of the year alone. I hope
this data helps."



To: TokyoMex who wrote (6702)12/1/1997 5:29:00 PM
From: Jack Zahran  Respond to of 31646
 
After reading the fee structures for NMS and Small Cap, it is in NASD's interests to upgrade TPRO to NMS. The fee structure is higher.
TPRO appears to meet all the initial reqiurements and should have no problem meeting the requirements of staying listed there (i.e., staying above $1 a share). I don't agree with Andrew's prediction. NMS will give TPRO a great boost of confidence as well as make it eligible to a wider spectrum of institutional investors. The time couldn't be any better as we are 31 days away from the end of the 2nd Quarter. The second Quarter will see even greater acceleration on their base business just from that one $6 Millon sale. At least two Y2K contracts will have been completed along with an estimated $3 1/2 Million dollars in Y2K tool sales (high margin). There has even been talk of more contract announcements. Then we have the huge 3rd Quarter.

P.S. I recall that it was stated the TPRO had landed $1.5 Million in Y2K tool sales and expected to close another $2 Million by end of December. Can anyone verify this?