The $70 million powerball
Posted By: Happy MT Robin on 2009-03-21
In Reply to: just out of curiosity what is sm - whats a lot of money
That's a lot of money. $70 million with an estimated cash payout option of $37 million which means after taxes you bring home approx. $19 mil or so. Yeah, that's a lot of money.
I keep trying. Someone has to win it. It may as well be me!!! 
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Thanks a million!
You're a dear. :)
A million thank you's for saying that
It's so refreshing to hear someone who stands behind the name anon to really believe in what they are saying. It gives you TONS of credibility. On behalf of the entire EDUCATED Mediscribes/Cardiscribes team (including the Indian employees, as you call them) thank you from the bottom of our hearts for sparing us the embarassment of being associated with you any longer.
That's about 17 million more than he's worth. nm
x
Thank you a million times over - sm
I thought I had simple questions but after all those posts, you'd think not! LOL!
I really appreciate your taking the time to answer my questions - so thankful! Have a lovely weekend :)
I just won a million dollars!
I found one on her computer! Now I can buy out Medquist and return it to pre-2006! No more ASR, no cesspool and each of you only will have one primary and a secondary and generous quarterly bonuses which you can actually GET! 
2 million lines
Exactly, that is what I asked and got some lame answer. No way should we be running out in the morning.
fatcat... you are one in a million.
I really do appreciate everything you have told me. There are so many people on this board so quick to judge and then every now and again you come across a genuine, quality person such as yourself.
I know my schedule is difficult to work with, but these companies never seem to give anyone a chance to explain them, not that it would really matter. They expect 1200 lines a day for full-time, but I have always done that in part-time hours (5 to 6).
To me, that is all that should matter. They want 1200, I will give them that, but I cannot be put on a schedule for 8 hours a day, 6 days a week.
I have only had 2 transcription jobs in 13 years, the most current one with the Q for over 11. I have always done well on testing, from what I am told my last test I took for a company was 99%.
I just don't understand how all of you girls can comit to working every Saturday or every Sunday.
Ok, I am done complaining. I am hitting the job search full force again. Thanks so much again for your kind words and thoughts. You are in my prayers.
PS... I am probably way older than your daughter, I am going to be 39 in May. :)
Thanks a million! I'll be back....
.
Wouldn't matter if they had a million MTs.
lol
Wouldn't do QA again for a million dollars. (sm)
Biggest challenge - keeping your sanity while having to fix crappy work over and over and over again while meeting impossible deadlines for really low pay. Believe me, if you can be an MT, you'd be better off financially and mentally. Oh, and no one is going to pay me a million dollars, so I feel confident in saying that. :) Why on earth would you want to transition to QA? Did someone tell you it's a step up??? Reevaluate that statement by searching the archives for commentary on QA problems. There was a long discussion on here a few weeks ago about it. Good luck to you. Choose wisely!
And the MILLION dollar question is...
Does Transtech get work from Dictaphone? Does Dictaphone have any control over their workload?
THAT is what this entire thing is supposedly about...
Hmmmm, I guess we'll find out when the court case is complete.
Transcend bought MDI for 16 million. sm
So I guess they have to make some of that money back. I am pretty discouraged too as I have heard absolutely nothing from Transcend about what my pay is going to be. Guess does not look too good right now since they cut pay for their existing employees. Never been able to get a straight answer about the range of what I will be making, so assuming that means it will be low.
and scoff all you want... my half million house says it all.
xx
Maybe one in a million MT's makes that but I still find it hard to believe.
It looks more common to me that people who do MT are at the doors of destitution. Just read these boards! We have people who can't even buy their kids Christmas gifts, we have people who have had their car repossessed, we have people in debt up to their eyeballs. Seems to me that's the norm by the amount of postings of that type.
Thanks a million times to all your kind posts!
I feel like I hit the jackpot. LOL. Now, I am exhausted from the stress of worry. It will be nice and I won't miss worrying for the rest of my career! :)
Thanks again.
Wasn't it something like 2 million lines a month? Just a
GYNORMOUS amount? That adds up to like supposedly 66,667 lines a DAY!! And there is no work? Where did it all go?
I read $20 million, over $16 mil cash up front
In other words, serious dough. I'd think a wee bonus to us 500 galley slaves might be in order. Had many of us not been told ''MDI does not send work overseas, Dorothy would never do that'' when we were hired, I doubt we would feel so betrayed.
Transcend Services bought MDI for $16.2 million.
I didnt realize it was that much! No wonder they feel no loyalty to their old MT's! ,,,everybody has a price I guess.
The $16.2 million purchase price consists of $10.2 million in cash payable at closing (less any existing indebtedness assumed and plus or minus certain working capital and tax-related adjustments), $2.0 million in cash payable after receipt of interim financial statements and audited financial statements for the last two fiscal years, a $2.0 million note payable to the selling shareholder due one year after closing, and $2.0 million of Transcend common stock (119,940 shares). The initial cash portion of the purchase price is expected to be funded using a combination of cash on hand and up to $7.0 million in bank term debt.
Larry Gerdes, Chief Executive Officer of Transcend, said, MDI's strong presence in the mid-Atlantic region significantly expands Transcend's national footprint. We are confident that MDI's culture of excellence and total commitment to customers and employees will help ensure the success of this transaction. We look forward to working together to integrate our operations over the next several months.
I recognized that we needed a larger partner to achieve our long-term growth objectives, said MDI Chief Executive Officer Dorothy Fitzgerald. A critical concern for me was to find a partner that recognized MDI's potential and was committed to providing excellent customer service. I am convinced that Transcend is the best partner for MDI, its employees and customers.
Sue McGrogan, Transcend's President and Chief Operating Officer added, I have known Dorothy Fitzgerald for years. Like me, Dorothy is committed to outstanding customer service, which is reflected in her high customer retention rates. In her new role, Dorothy will be President of our MDI subsidiary. She will report to Leo Cooper, Executive Vice President of Sales and Marketing, in order to focus on driving future growth, particularly in the mid-Atlantic region.
http://localtechwire.com/business/local_tech_wire/news/blogpost/5878284/
I'll say! Wrote off $82 million as "goodwill impairment"
NM
With over 5 million hits per month to this site, it is quite cumbersome to just pick out the bad
posts, so the entire thread goes. Besides that, generally there are a LOT of posts within a thread that are inappropriate. Please don't think for a moment that I'm only referring to OSI. I am referring to ANY company. I am only asking that posters back up what they are saying with FACTS not innuendo.
Thanks a million!! I guess the spread sheet confused my eyes. :)
nm
I know this question is asked a million times but who is good to work for
anymore? I have 13 years experience and I work at a hospital part time but I know I can make more on production plus I need the flexibility because I have osteo in my back and other health problems that require me to kind of break it up if you know what I mean. I'd only like to work 4 to 6 hours a day, make a decent line rate, and have flexibility of having a span of time within which to get my lines done. I don't need benefits but do not like IC status; I prefer statutory. Any ideas?
I bet you 1 million $$ you won't find one on mine. Mine is
2 years old and it does not have a 9-pin serial port, nor does it have a game port. I have used both ports on other computers so I know what both ports look like. I also have a company provided computer and it does have the ports on it.
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