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Re: lentinman post# 36474

Friday, 02/24/2006 5:55:12 PM

Friday, February 24, 2006 5:55:12 PM

Post# of 173788
RGMI - "working on contracts with an estimated gross value in excess of $30 million." The phrase "gross value" seems a little peculiar. Could just be a typo. But the word gross seems unnecessary. During the tech bubble, a lot of websites that sold things like airline tickets were claiming "gross revenues" on the entire amount of the ticket sold, rather than just the amount they received as commissions which were the only real, true revenues. They referred to those as "net revenues".

I wonder if there is a "net value" to the contracts, or if it's just someone's goofy wording.

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