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Vault Message Board: BearingPoint

Topic Name: Accounting Mess
Message Name: Um ..yes they do ..
Date Posted: 01/17/2006
In Reply To: My @ss. Staff numbers have dropped over the past couple of years from over 1000 to about 250-300. They are still not profitable. BE Australia is a rank second tier player. They don't get invited to the table where the big boys play.
Message: agree with drop in staff numbers ..don't agree about not being at big boys table e.g. Westpac just signed a sizable deal NAB just signed BPM for #1 project (and kicked out Assenter) AAPT telecom Billing implementation Public Service big wins etc etc They are in good shape ..small yes ..profitable = suspect..but exceeded operating revenue targets for FY05 and have solid FY06 pipeline .. They are in good shape but it's what they do from here that really counts in terms of future viability ..time will tell ...also ..i've heard the MD team down there sucks big time ....

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