[IFWP] Re: Re: NSI SPAM

[Ken Stubbs]

i wouldn't exactly call the development of this "whole cloth product" a significant financial sacrafice for NSI and its principal shareholders.

 

let us not fail to recognize that the principal shareholders of nsi to date have realized in excess of 1/2 BILLION DOLLARS in stock offering proceeds  (SAIC sold  approx 4.5 million shares) to themselves for this "whole cloth product".

 

let it also be said that these principal shareholders still maintain a very significant interest in NSI   (approx 7.4 million shares) and assuredly will be putting more of this equity out to the market as soon as the "political climate" is temperate enough.

 

ken stubbs

 

 

----- Original Message -----

From: A.M. Rutkowski

To: [EMAIL PROTECTED]

Sent: Thursday, April 01, 1999 2:16 PM

Subject: Re: NSI SPAM

Patrick,

A service performed under government contract. Don't forget that.

Wrong model.  It was a service supported in part by a cooperative
agreement of NSF for a few years beginning in 1993.  It is
basically money provided to do research or support research work.
This is *not* the case of the government outsourcing a government
function.

It's not well known, but NSI had to build almost everything
out of whole cloth.


--tony