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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Alastair McIntosh who wrote (19192)6/25/1998 1:46:00 PM
From: Rick Bullotta  Read Replies (4) of 31646
 
Much of the Plant Y2K One development was outsourced, and it appears that most of it was capitalized. The expenses are almost certainly related to the marketing costs of the rollout, which can be quite sizeable. Thus, they aren't "having it both ways", but rather, categorizing the costs associated with the development and the rollout differently, which is quite common.

Also, don't forget that TAVA has a couple of other "products" as a result of the acquisition of All-Control Systems (one of the "A"'s in TAVA, my former employer, and the current COO, Kevin Fallon's company). They include their BevOne offering for the beverage industry and Precision Dispensing for the graphics arts and textile industries.

The historical numbers don't concern me that much, since it really is a very different company than it was one year ago.
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