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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Rick Bullotta who wrote (16782)	5/13/1998 10:57:00 AM
From: M. Frank Greiffenstein	Read Replies (1) of 31646

So the 10 million y2k backlog is NOT from Q3... People seem to be adding quarter-to-date backlog (May is in Q4) to earlier backlog to arrive at 20 million. This makes no sense to me. If TAVA has 10 million in backlog half-way through Q4, than projecting out to end of Q4 gives you backlog roughly equivalent to where it was end of Q2. I could be wrong about this, because there are so many different versions of backlog calculations floating out there. The above is my distillation. I think I will wait for typed V-Call transcript to sort this out. It should be out this evening. DocStone

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