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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Andrew H who wrote (7814)12/24/1997 11:59:00 AM
From: Gerald Underwood  Read Replies (4) of 31646
 
Andrew H,

All normal business practices lead me to feel the press release had the correct information,i.e. that the projections being made are for fiscal 1st half. Why?

Normally companies make sales projections by the quarter, not by the half. In this fast moving business climate, projections for a full half just do not carry validity and there is no need for the company to stick it's neck out to project this far in advance. However it is reasonable to believe that projections for a fiscal half could be made at some time in the 2nd quarter of that half with provisions that those numbers are subject to change on a daily basis.

However since there seems to be some confusion regarding info received from Scott, I have e-mailed Mr. Jenkins to request that this issue be clarified and requested his permission for a reprint of his answer to this thread.

Regards,

Gerry
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