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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: EyeDrMike who wrote (16589)5/12/1998 1:52:00 PM
From: eric deaver  Read Replies (1) of 31646
 
Mike,

Doc is coming from the perspective that the CD's were supposed to fetch mega dollars at some 50% margins by their own accord with out having to add salary overhead (this last part being key). The remediation contracts (orginally) were icing. I think, though, given the increased margins and utilization w/ the remediation contracts, the CD sales may not be as important as they once were to valuation. But there does appear to be a shift in emphasis away from CD sales by management at least based on my cursory review.

Eric
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