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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Terp who wrote (19953)	7/5/1998 12:06:00 PM
From: Mighty_Mezz	Read Replies (1) of 31646

>>Wasn't it in their earnings press release a couple months ago that they said they would be announcing several big deals with Beck within a few weeks or so?<< The short answer to that one is no. They mentioned expectations of closing some deals in the utilitiy industry, but as we know, many clients do not want it mentioned that they have a problem, hence some contracts do not lead to immediate announcements. Revenues from TAVA/Beck are not expected to be showing up until next quarter earnings [Q1-FY99] "The company's joint venture, TAVA/R.W. Beck, chartered to address the electrical utility industry Y2K compliance market is in final stage negotiation on closure of several major contracts. The venture is also developing partners to increase international coverage. We expect contribution from TAVA/R.W. Beck in our first quarter of fiscal 1999. newsalert.com

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