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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?


To: geoff arms who wrote (2123)1/13/1998 11:29:00 AM
From: feltburner  Read Replies (1) | Respond to of 3391
 
Geoff: Seeing how IDP is relatively local to me, I called them regarding the contract. They were selected after a great reference from Millenium and a successful 50K LOC pilot. It seems IBM was impressive but charged way too much, and another software co. which only licenses its tool was impressive but IDP didn't want to do it in-house. I'm not sure if it was discounted but the price/LOC was "well below 30 cents".
-Felt Burner



To: geoff arms who wrote (2123)1/13/1998 12:05:00 PM
From: tech  Read Replies (3) | Respond to of 3391
 
geoff, THIS CONTRACT IS A REVENUE GENERATING CONTRACT.

Don't fall for all the crap Kevin Hansen and others have put forth on this thread. This is a revenue generating contract.

one thing that you have to realize is that ConSyGen's burn rate is only approx. $4 million a year. Even small contracts add up.

I expect larger contracts to come in and I feel that the stock will react accordingly.

Stay Tuned.