InvestorsHub Logo
Followers 52
Posts 2539
Boards Moderated 9
Alias Born 08/30/2000

Re: Bixmann post# 1771

Wednesday, 05/16/2001 7:50:28 PM

Wednesday, May 16, 2001 7:50:28 PM

Post# of 3174
HUH? OK one point at a time.

Is it reasonable to say that CBQI outsourcing to China will occur from EasySoft and not ChinaSoft?

reasonable probably conclusive no.

CBQI's Chinese branch of Chinasoft has no programming staff.

Never has they are a contracting sourcing to CCsoft a Large government owned programming firm.

The overseas operations of Chinasoft consist of thrid parties who get bids on software jobs from other Chinese firms(non-CBQI Firms).

They only get bids if they have work to be done.

They are expecting CBQI's American operations to funnel the jobs to them so they can farm it out to someone else.

That is accurate provided CBQ does not have an alternative and thus has to go to CC Soft.

That is not the most competitive way to outsource nor is it practical when other companies (Such as EasySoft) have staffed Chinese programers.

Absolutely, which is why EasySoft was acquired.

This IMHO is a failure when viewed in context of what CBQI paid for the Chinasoft operation vs Easysoft.

ChinaSOft we got Bart Fisher in the 30M and others got stock. Chinasoft was suppose to do any work that CBQ got until CBQ could acquire an infrastructure so they would not have to use CCSoft. Thus the acquisition of EasySoft with existing programmers in the US and CHina.

Not sure what your point is.

:=) Gary Swancey

:=) Gary Swancey

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.