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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: C.K. Houston who wrote (14295)	4/7/1998 11:41:00 AM
From: Raj Ramaswamy	Read Replies (3) of 31646

TO ALL I just got off the phone with Scott Liolios (IR for TAVA). Got some very interesting information to share: 1. As regards the last 3 days price action, all he can say is probably momentum investors getting in & out is the cause. Fundementally nothing has changed.. 2. TAVA in terms of new engagements/business is more STRONGER NOW (today) than it was 30 DAYS ago...I repeat...just 30 days ago. 3. BMY intial contract was for 1 plant pilot study. NOW THEY HAVE ENGAGED TAVA TO TO INI (INVENTORY ANALYSIS) FOR ALL 125 PLANTS...!!!! LEADING VERY LIKELY TO FULL SCALE CONTRACT..HOWEVER THEY (BMY) ARE NOT VERY KEEN ON ANY TYPE OF PRESS RELEASE NOW. 4. As regards 3rd quarter being in BLACK, Scott said, nothing has changed for him to believe that this may NOT be the case. 5. Lastly, when I asked him about press release in near future, while making fun of SI thread's very high anticipation (5 minutes interval), something may very likely to be released before the 3rd quarter results are out. So there you have it. All I can say is BUY..BUY..BUY at these levels. Raj

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