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Technology Stocks : Command Systems, Inc. (CMND) -- Ignore unavailable to you. Want to Upgrade?


To: P. Ramamoorthy who wrote (1100)7/26/1998 6:51:00 PM
From: Sultan  Read Replies (1) | Respond to of 1956
 
You won't get that kind of detail out of them. If at the CC, they mention # of contracts signed, dollar amount and possibly duration, then I think that is more then what you can get from a lot of these guys. If some one is going to talk to the management at or after the CC, the questions to ask might be: 1) Have they shore the management (Name, background etc.) to handle this influx of people 2) What are the prospects and strategic direction of the co. since they have said that margin were affected due to the mix of business 3) Is the company going to go solo or is it open to merger etc. 4) How about share buy back, etc.

You get the drift. Why should we hang on to this company aside from low book value. The way this market is there are a lot of company trading close to the book value.



To: P. Ramamoorthy who wrote (1100)7/26/1998 6:54:00 PM
From: Jeffrey E. Klein  Read Replies (1) | Respond to of 1956
 
Hi Ram,

CMND is hiring both permanent employees and consultants. I do not know the breakdown. Your $100K figure for an employee might be a little high IMO--due to your fringe benefit quote of $30K. The $100K cost per employee may still be a good ballpark estimate.

An email to their web site might be an effective way of getting some of our questions answered.

It seems to me that any new contracts they sign will be a lot more complex because they are now project managers, responsible for the implementation of the project/system, not just providing bodies. Hopefully, they are employing high caliber people to write the proposals and contracts, negotiate the contracts, etc. The question is whether their senior management is capable of running the Company wisely.


Jeff Klein