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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: CalculatedRisk who wrote (19777)	6/30/1998 2:27:00 AM
From: gerald tseng	Read Replies (3) of 31646

Hi CalculatedRisk: NOT TRUE!! TAVA did not mishandle it's financial statement. 1. From TAVA's 10Q "IMPACT OF RECENTLY ISSUED ACCOUNTING STANDARDS. ................... .................. (note:referring to accounting standard) Statements 130 and 131 are effective for annual financial statements for periods beginning after December 15, 1997 ..... ________________________________________________________________ Since TAVA's current fiscal year started 7/1/97, the financial reporting is not affected by the new accounting standard. 2. The other point is, it really doesn't matter how last qtr's number was. It was a disappointment anyway. What it counts is next qtr and the future's earning. People here are long because of the POTENTIAL (though not realized yet), nobody buy TAVA for last qtr's poor showing. If TAVA lives up to their potential, that's not a problem! 3. Ceo's appearance on CNBC is disappointed for those who expect the stock to caught fire from the interview. I WOULD NOT BASE MY INVESTMENT DECISION ON HOW JJ DID TODAY. I AM CONVINCED THE TAVA POTENTIAL IS HUGE, UNLESS SOMEONE PROVE ME WRONG ON THAT, NOTHING HAS REALLY CHANGED!!! Using info that's taken out of context with secret agenda is BAD BAD BAD! WHETHER HYPING OR SHORTING!!

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