GREY:SCSZF - Post by User
Post by
idleSpeculatoron Aug 03, 2001 12:21pm
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Post# 4060488
SO I'll eat my words!
SO I'll eat my words!Or at least some of them.
I said they would never sell Tourtek until the compnay became profitable. Should not have underestimate their ability to paint a rosy picture of the company. Well done Frank and co!
As to them requiring Airtek to get profitable not Tourtek, it will be interesting to see what happens. $275K for the most recent sale is about one months net burn, and only 40% up front (not unreasonable). However we are coming up to the idela time for travel companies to buy and install new computer systems, towards the end of the season and before they begin taking bookings for next year.
Idle