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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (1173)6/25/1998 2:18:00 AM
From: WR  Read Replies (1) of 4634
 
Bill, You posted:

<<Much of the backlog at March 31, 1998 represented orders for the Company's inventory and assessment services, which constitute "Phase I" of the total four phase Y2kOne service and product offering. Management believes that a substantial portion of these orders will develop into subsequent follow-on orders for conversion plannning. Based upon these circumstances, management currently expects to receive between $6,000,000 to $8,000,000 of Y2k orders in May 1998. These new orders will not all be converted into revenue during the
current fiscal year.>>

ENGLEWOOD, Colo., June 3 /PRNewswire/ -- TAVA Technologies Inc. (Nasdaq: TAVA) a leading provider of automation and information technology solutions for industry, announced today that it achieved record bookings for its Plant Y2k One(TM) products and services in May. New orders for Plant Y2K One(TM) software tools and services came to more than $12,500,000 for the month and include licenses of the company's methodology, database access fees and project services.

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