SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Charger who wrote (17211)5/19/1998 9:43:00 PM
From: Karl Drobnic  Read Replies (1) of 31646
 
$9-$10 mil. high margin revenue, Net: That's where you have to make some assumptions about the nature of the revenues. Since I deducted $2.5 mil. from this pool of money to cover expenses of the 170 new employees ($2.5 mil. is an assumption), and Tava's breakeven for 3Q is around 11.6 mil. in revenues, and since Tava insists these are Y2K revenues, not hardware sales, I can see several million EBIDTA. If the revenues are coming from the master agreement, then cost of sales should be very low (that's what the master agrmt. does for Tava). I think there will be some clues in the 10Q that will further refine this. Right now, I'm still reluctant to go beyond what I posted earlier.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext