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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: edgedirect who wrote (6806)	12/3/1997 8:15:00 PM
From: Tim J. Flick	Read Replies (1) of 31646

You are talking about reg-s offerings. This is not a reg-s. TPRO did the equivalent of a reg-s when they did the convertables early this year. Funny enough, the stock ended up trading much higher after and during the offering. You are correct to question any PP that it could potentially be an off-shore deal but I do not believe this is the case. This transaction looks like a run of the mill PP. However, I would like to know the investor group.

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