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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: C.K. Houston who wrote (5875)11/13/1997 10:16:00 AM
From: M. Frank Greiffenstein  Read Replies (3) of 31646
 
Cheryl,

I wish I could be as sanguine as you about the AnswerThink news. Keep in mind that Zitel and Matridigm are a part of this group...and ZItel didn't not report dime one from y2k. I cannot think of a single contract Answer Think got, except maybe some invovlement in a small NorthropGrumman job.

I am long TPRO with mroe than shares than I ever had in ZItel. But I just pray that this situation doesnt take the direction that Zitel did with constant annoucnements of allegiances, partnerships, VARS and attaboys without any firm y2k contract announced to date. Let htere be no mistake: THe risk side of the risk-reward ratio has gone up with this inevitable issuance of new shares. The large float of a struggling cash starved turnaround was always the risky part, and it is getting riskier.

DocStone
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