Let's estimate how the stock pop might work here... DynCorp on a cost plus type contract would get an overhead factor for each cop they field, plus administrator to oversee them. They are advertising for police who they will pay $79-101,000 (See ad below) So let's guess for every four cops DynCorp will need one administrator and one clerk. So one cop is $85,000 average cop $85,000 cop support and management, other direct contract support $170,000 total direct costs Let's guess that DynCorp's overhead should be about 1- 1.5 times direct costs. That would add another $170,000 or $255,000 in overhead for a total direct and indirect costs of $390,000 to $425,000 per police. It would be interesting to look at how much they can load into the overhead. It should include costs like fees paid to lawyers and investment bankers for mergers and acquisition fees. It would be interesting to see if it included their costs of running their internal stock market making operation. It would certainly include the costs of top management, etc. Typical profit margins for federal cost plus contracts run at 5-10% so $39,000 to $42,500 per policeman Under these assumptions, the total cost to the American Taxpayers would be $429,000 to $567,500 per policeman The total increase in DynCorp stock value would be $1,170,000-1,2750,000 per policeman (pop of 30X income based on Dyncorp's internal market making as reported in SEC filings) The only problem is that the American taxpayer only makes $36,000 a year, and the people being policed make much less (what is the annual average income in Kosovo?). Meantime, all the guys taxing them and spending the money are making far more. Let's say if DynCorp gets a contract to move 50 international location for "peacekeeping" their stock value would go up as much as $50MM plus depending on the length of the contract. The American people would get 0% of that $50 MM plus. http://copspotweb.hypermart.net/employment/open-chief.htm DynCorp, Technical Services International Police Officer- $79,000 to $101,000 Indefinate On behalf of the United States Department of State, DynCorp Aerospace Operations (UK) Ltd., is seeking active, recently separated, or retired law enforcement officers to accept a challenging and adventurous assignment within the International Police Programs. Officers must have a combined total of eight (8) years work experience with at least five (5) years being at the position of sworn civilian law enforcement, and who are at least 26 years of age with no maximum age requirement. Annual compensation begins at $79,000 and may exceed $101,000. Applications are being accepted on a continuing basis, for immediate and future hire. Fax Resumes' to (817) 570-2120, email Resumes' to [EMAIL PROTECTED], or apply immediately via our website at www.policemission.com. To speak to a recruiter, call toll-free 1-888-466-5417. An Equal Opportunity Employer. http://www.policemission.com-- [EMAIL PROTECTED]
