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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: James Strauss who wrote (18741)6/18/1998 4:30:00 PM
From: JDN  Read Replies (2) of 31646
 
Dear Jim: Presently TAVA is basically a Services business at that level and presuming its going to be growing well the PE would likely be in the lower end of your scenario. To command anything above a PE of 20 would, in my judgement, require expanding into the McTava concept we have discussed in the past and/or FANTASTIC growth out and beyond Y2K. Once the coffers are full I would not be surprised to see TAVA on an acquisition campaign again. JDN
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