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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Jeffrey S. Mitchell who wrote (10787)2/9/1998 4:19:00 PM
From: Rob L.  Read Replies (1) of 31646
 
Just saw a blip on Bloomberg. Rise was attributed to greater awareness of factory floor problems and y2k. Russel Welty of hanifen, Imhoff was quoted as saying that he expects revenue for the last quarter (this upcoming earnings report) to be up 30% from last quarter to around $10.15 million. He is expected a loss for the quarter of $0.03. However, he stated that the upcoming quarters are expected to be very strong for Tava. In the same release, Jenkins stated that earnings would be out later this week.

Looks like the market's sites are not very high with a $.03 cent loss. Most on this thread had been expected break-even to $.03 profit.
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