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Friday2003

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Friday2003

Re: william2112 post# 890

Tuesday, 11/18/2008 10:33:21 AM

Tuesday, November 18, 2008 10:33:21 AM

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Unfortunately the TruePosition contract is for low gross margin (10%) subcontract work. (LCC needs over margins over 205% to cashflow.) Kenny Young used to work for TruePosition. He "bought" the revenue, as they say in the consulting biz.
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