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To: gamesmistress who wrote (12268)7/8/1998 1:08:00 AM
From: CalculatedRisk  Read Replies (1) | Respond to of 13949
 
Gina, congratulations on TAVA! IMO, you are correct in focusing on the "85% tools and database" portion of the PR. Here is the exact quote:

"The contract with the pharmaceutical company covers 26 plants with national and international locations and has an estimated value of more than $3,000,000 through the inventory and assessment stage only. Tools and database reports make up more than 85% of the initial contract value."

My questions (for TAVA) are:
1) Is "initial contract value" the $3M? This wording is ambiguous.

2) When was the contract signed? It was announced today ... but it usually takes several weeks to get approval on wording from large customers. If the contract was signed on or before June 30th, shouldn't about $2.5M show up for the recently completed quarter?

3) Why was this leaked ... several posters knew about this PR before hand. Very strange.

I agree that the next quarterly report will be critical.
Best Regards, Bill