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

To: Josef Svejk who wrote (2419)	2/12/1998 4:42:00 PM
From: tech	Read Replies (2) \| Respond to of 3391

Humbly respond, good to see you back. >> By the look of it, some lines of code later, none of the ifs have changed, right? << No, not exactly..... The key note in your statement in "some lines"later. The contracts so far have not been the kind that I am expecting will close in the near future. The most recent contract through CHASE, for example, was for only 500,000 lines with Telenor. However, all I can say right now is that Telenor is not the kind of organization that only has a few million lines of code. who is Telenor ? exchange2000.com It would suffice to say that Motorola would also have a lot more code than what CSGI has converted for them so far. The articles I posted yesterday, show that attention is starting to pickup and more and more companies and organizations are starting realize the vast shortage of resources they are going to face. However, there are still some out there that think everything will be able to be completed on time. One of the most telling articles was this one. exchange2000.com As resources are drying up and labor rates are increasing, companies will soon see that they can not start or even maintain in house projects.. The flood gates have not even opened yet and once they do the flow of contracts will pick up dramatically. exchange2000.com CSGI has a burn rate of only approx. $4 million per year and it would only take one or two large contracts, or several midsize ones (3 to 5 million lines) to make them profitable. They and their partners are talking to large organizations that could, at any time, award them with millions and millions of lines of code and substantial revenues.