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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Jack Zahran who wrote (3868)10/10/1997 3:27:00 PM
From: JDN   of 31646
 
Dear Jack: I dont know what to think, thats why I asked. But I want to make it clear I am talking about stock options not the warrants being publicly traded. I believe someone, forgot who, said if all options, warrants or any other convertible were exercised TOTAL outstanding shares would become 23 million, does that sound right? I hate to see that number get any larger. I dont see why, if CD's can get off to a HOT start we cant generate funds internally for growth. This is NOT a capital intensive business. Its basically a service business, you hire the people, put them to work, bill out their rate and collect hopefully within 30 days. So how much working capital is needed? I would guess 90 days at burn rate. What do you or anyone else think? Also, if this company is as poised to take off as we all believe and can back it up with all these signed alliances, contracts and the like I dont see why they cant go to a REAL bank at least one of the regional money centers and get a REAL line of credit not all this dinky stuff. JDN
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