TAVA Technologies (TAVA-NASDAQ) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Patrese who wrote (18171)	6/10/1998 11:31:00 PM
From: Wildman262	of 31646

Hanifen updated their report on TAVA on 5/20/98. I don't know if this was already posted or not. I will post some of the highlights. I was told that these were conservative estimates. 1999E is $1.10 on 125million. The 125 is broken down: 90 y2k 12 hardware resale 23 services base "we have increased our level of confidence thatt he market for TAVA's y2k product is large." -company is instituting price increases of 10-25% for y2k tools and services. -y2k rollout slips about one qtr, thus lowering 4q98 and 1999 estimates from $1.25 to $1.15. -plans to increase it's tech. workforce by 30% in the next 90 days. -TAVA is laying the groundwork for INCREASED Growth in core business beyond year 2000. some things they are doing... 1) They have formed a consulting division headed up by Tom Bruhn who was the former Dir of Bus. Dev. for Raytheon's Auto System division. 2)They plan to increase by several million the amount of investment spending in 1999, 3)the recent linking of a y2k contract with follow on for future services 4) the evaluation of potential acquisitions Basically, Hanifen believes that risk with with TAVA is their ability to execute the stratagy. There is plenty of y2k business to be had

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next