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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Jim Wilke who wrote (16688)5/12/1998 5:52:00 PM
From: Brian Malloy  Read Replies (1) of 31646
 
I guess each of us see our own reality. Your comment: "The momentum never developed except in people's hopes." is particulary puzzling. If you are a momentum investor then speak for momentum investors. As for those that are longer term with TAVA and understand the implication of Y2K there was much good news today.

What I picked up from today was the fact that some of the revenues expected in the Feb-Apr Qtr will end up in the May-Jul Qtr. Thus the 3.5M in Y2K revenue for the last quarter versus the 8-10M in Y2K revenue projected in May alone. Major corporations like GM and Kraft are expanding their use of TAVA while new customers come on line. It would also seem that contracts with utilities are coming on line with revenues expected to hit the bottom line in the Aug-Oct.

So for me, the daily fluctuation/momentum in TAVA's price is irrelevant.
Regards,
Brian
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