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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: kfdkfd who wrote (7624)12/19/1997 6:07:00 PM
From: M. Frank Greiffenstein  Read Replies (2) | Respond to of 31646
 
A manpower calculation....

Kevin, get a new calculator!

Let's make a conservative assumption of each FTE equal to 1,700 hours per year. That assumes no overtime.

Billing at the high rate of $160 per hour, that turns out to be 272K per engineer per year. Times 60 engineers, thats 16.3 million bucks per year. Tiems the duration of the contract, that's 32.6 million for the contract. ANd that doesn't include software costs, reports and seats, etc. And, if TPRO is asked to replace old machinery and/or chips, they mark up the costs 10%. Don't forget, and this is VERY important: 40% of TPRO's net revenues stem from product mark ups.

So, the BMY contract alone reprsents roughly 45% of ALL OF LAST YEARS REVENUES. I expect to hear about either GM and 3M in January. Maybe even both. Who else you gonna go to? CHIPBUSTERS!

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