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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: M. Frank Greiffenstein who wrote (16574)5/12/1998 1:59:00 PM
From: Quad Sevens  Read Replies (1) of 31646
 
Doc: I share your concerns about the CD. This was supposed to be the real kicker. Anybody: Go back to the posts in the fall, and you will see that the CD caused most of the excitement on the board, leading to wild projections of revenue.

Is the CD dead? Good question.

The oldtimers here will remember that 3rd qtr FY 98 was supposed to be the breakthrough quarter. That forecast was changed recently, but it should at least be noted that in DID CHANGE, just as Doc said.

Doc: That pilots are being skipped is nothing but good news. The companies are still going through complete I&A programs with TAVA (using all the tools), they're just rolling it out large-scale, without the time-wasting small-scale pilot business. I also find that y2k plant 2.0 being the final version doesn't have negative implications. We're getting close to the deadline, after all.

In short, TAVA is doing much better on the consulting end, and much worse on the CD end, than we all thought 8 months ago. But the CD is where the real money was to be made. I'm not sure the CD is dead as a super-revenue generator. If it is, the investment needs reconsideration.

Wade
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