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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: TokyoMex who wrote (6702)12/1/1997 5:29:00 PM
From: Jack Zahran   of 31646
 
After reading the fee structures for NMS and Small Cap, it is in NASD's interests to upgrade TPRO to NMS. The fee structure is higher.
TPRO appears to meet all the initial reqiurements and should have no problem meeting the requirements of staying listed there (i.e., staying above $1 a share). I don't agree with Andrew's prediction. NMS will give TPRO a great boost of confidence as well as make it eligible to a wider spectrum of institutional investors. The time couldn't be any better as we are 31 days away from the end of the 2nd Quarter. The second Quarter will see even greater acceleration on their base business just from that one $6 Millon sale. At least two Y2K contracts will have been completed along with an estimated $3 1/2 Million dollars in Y2K tool sales (high margin). There has even been talk of more contract announcements. Then we have the huge 3rd Quarter.

P.S. I recall that it was stated the TPRO had landed $1.5 Million in Y2K tool sales and expected to close another $2 Million by end of December. Can anyone verify this?
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