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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Jack Zahran who wrote (7738)12/22/1997 5:08:00 PM
From: JDN   of 31646
 
Dear Jack: As I said, the second quarter should be a record for the company, I was just disappointed that more people apparently didnt opt to buy the CD right away. It just means 3rd quarter should be that much better. As far as your $.08 per share calculation--I dont have any problem with it. Your method has validity and could very well be correct. The unknowns in my mind are the revenue mix (service vs parts), potential amortization of capitalized Y2K costs, continuing ramp up expenses, potential recoveries of previous write downs. Your method assumes whatever they are the are in the same proportion as 1st quarter thats a reasonable assumption for now. JDN
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