SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Trading TAVA

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Skeptic who wrote (162)2/24/1998 1:48:00 PM
From: Jack Zahran  Read Replies (1) of 655
 
It does no good to keep expounding on the opportunity if you can't place a value on it

I have been responding to generalizations which I believe lack any substance. Now if you wish to move this conversation to specifics, lets first take a look at the revenue already generated by Y2K work for TAVA:

- $1.7 Million in services (mainly from pilots),
- .3 Million from Tools

$2 Million in revenues that TAVA did not anticipate would start until their third quarter. Now let's take a look at their non-Y2K work:

Approxiamtely $8 Million. It would seem that the growth in this area was flat, but an examination of the facts shows that TAVA had less billable time in the second quarter as well as the cyclical nature of the business. So we can conclude that the non-Y2K work is accelerating as well, and this is borne out by their growing booked backlog.

So now, should we then consider TAVA a high growth company and assign it a P/E as such?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext