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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Magnatizer who wrote (1457)	5/12/1998 10:08:00 PM
From: James Strauss	Read Replies (2) of 13094

TAVA... David: TAVA hit the revised eps est of .01... While both EPS and revenues were a little disappointing, the potential for very rapid growth is reflected here: ****************************************************************** biz.yahoo.com ''The company's Y2K client list has grown to exceed 100 with several new additions expected in the next 30 days. These clients alone hold potential for application of TAVA tools and services at more than 2300 sites that vary greatly in size and scope of systems. While this is an indicator of the strength of our program and its broad acceptance, management cautions that all sites covered by these agreements cannot be projected to purchase full complements of tools and services from TAVA. ''The company's joint venture, TAVA/R.W. Beck, chartered to address the electrical utility industry Y2K compliance market is in final stage negotiation on closure of several major contracts. The venture is also developing partners to increase international coverage. We expect contribution from TAVA/R.W. Beck in our first quarter of fiscal 1999.'' Other recent specific developments include: ''General Motors has expanded TAVA's role to include vendor management and component testing for GM's North American Operations. TAVA will augment GM's own efforts in this area. ''The company's engagement with Kraft has moved to the remediation phase at Kraft co-manufacturing sites. TAVA has also begun inventory and assessment activity at the Kraft distribution centers. ''To meet schedule demands on current engagements, forecast expansion of those engagements and expected new business, the company is continuing to recruit aggressively with plans to hire another 150 staff in the next ninety days. To date, we have had little trouble recruiting staff and have a good pipeline of applicants. ******************************************************************* I added to my position on the price dip today... NMS listing coming Thursday... Jim

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