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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Sultan who wrote (11412)	2/17/1998 4:36:00 AM
From: kfdkfd	Read Replies (1) of 31646

Fax received on QTR, has not hit news services yet. Sales $10.4, Loss of .03, , Jenkins stated revenues for the quarter was essentially flat with the quarter ending Sept 30, 1997 after allowing for change in material resale content.Revenue and gross profit in the qtr. were effected by seasonal holiday schedules that reduced billable hours by more than 15% and the continued dedication of significant resources to the Plant Y2K One product extension and database development. Also technical staff expanded by 43 in last 60 days, currently 85 engineers engaged in Y2K activity. Comment -- I felt the release and comments were flat, no glowing comments of new business, or expectations of next qtr and future. CC will hopefully indicate what's transpiring in new business and TAVAs future direction.

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