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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Captain Jack who wrote (6091)11/16/1997 9:10:00 PM
From: lbs  Read Replies (2) of 31646
 
John, I am surprised that you think the PP is such a big deal. 1 million shares is a rather small percent of the float when you compare it to the other offerings done by Y2K companies like IMRS. While I wish they did not have to do the private placement, it is clear that TPRO needs money. This of course assumes that they are going to do a PP. There was no mention of it on the CC. I have enough faith in management to believe that they will do what is best for the company. While management should care about what shareholders think, I think it would be bad business for them to base their decisions on opinions expressed on SI. While I am addicted to SI, it is not the criteria for how I would want companies to make their decisions. As far as the clubhouse, I think you are twisting around what C.K. meant by her response

Best wishes,
Dan
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