TAVA Technologies (TAVA-NASDAQ) Message Board

STOCKTALK

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 : TAVA Technologies (TAVA-NASDAQ)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ty Baker who wrote (3883)	10/10/1997 5:17:00 PM
From: Jack Zahran	of 31646

Yes, I saw that Ty, it is basically part of the 10K report. As you can see TPRO is taking the hit in their 97 fiscal year. It is a smart move as their 98 1st Quarter results are imminent. Their initial strategy to delay the 10K till today is paying off. They had the time to asses where it would be best to take the lumps and now we are already in their fiscal 98 2nd quarter. The window of opportunity to purchase TPRO at these low levels is getting smaller. Fiscal 97 is now almost 4 months behind us. I wonder if the 250,000 adjustment was made to the subsidiary that is in the state that doesn't allow them to pool their revenues. Maybe, they are reducing their tax exposure in that state as well? Anyway, I think we should start using the word shrewd, instead of conservative, when it comes to their financials! Take Care, Jack

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next