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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Jack Zahran who wrote (9306)1/23/1998 1:31:00 AM
From: biffpincus  Read Replies (1) of 31646
 
I wrote to Scott, IR of TPRO, about Jenkins' apparent insider selling in latest 8K....... as it turns out (re: Jack Zahran), he is "reducing" the number of shares that he had intended to sell back in 03/97 ..... here is text of email...

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Subj: Re: Clarifying Mr. Jenkins' 8K
Date: 98-01-22 13:32:19 EST
From: Liolios@PacificGP.com (Scott Liolios)
Reply-to: Liolios@PacificGP.com
To: Biffpincus@aol.com (Biffpincus)

Biffpincus wrote:

Scott,

As Jack Zahran posted on SI, is it accurate to say that yesterday's 8K reflects a decrease of 57,071 shares that Mr. Jenkins had said he was going to sell as of March, 1997?

And, if that is the case, is it accurate to say that Mr. Jenkins is planning to sell 50% fewer shares than so stated in that 03/97 8K?

Thanks for any info you have to clarify this latest release.

David

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Hello David,

It is good to hear from you again. Yes Mr. Jenkins has decreased his position by the 57,071 shares that Mr. Jenkins had registered. To answer your second question, I do not believe Mr. Jenkins is planning to sell any shares in the new future.

Please contact me if you need more clarification. Thanks for your interest and support.

Hope to see you at the shareholder meeting.

Scott Liolios

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I think this is a bullish sign that Jenkins is holding on to more of his shares. Now just waiting on news, contracts, and shareholder's meeting ...

biff
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