If TAVA can't help embedded systems with the Y2K problem, then what is TAVA's strength?
Press releases? <vbg>
This was the description of what exactly Tava does as it appeared in thestreet.com (in an article by Corey Johnson) a few months back:
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In [ CEO John Jenkins' explanation of ] the Tava business model, it increasingly sounds like Tava provides very little bang for the buck. Essentially, what the company offers is a list of devices that won't work after 2000. [ My emphasis - KP ]
Tava sends out people to the factory floor to do an inventory, the Tava crew jots down some serial numbers and model numbers, and, according to Jenkins, "we send that inventory to our database of 12,000 items for suspects." [ ed. note - that number has increased to 15,000 since then, IIRC - KP ]
And then what happens? "Then," says Jenkins, "we create a paper compilation that is a status of the inventory."
You see, now I'd just call that a report and I couldn't see how that process would justify a $140 million market cap -- but I guess that's why I'm not qualified to be a Year 2000 CEO.
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That said, no one really knows what's in Yahoo! that's worth 9-10 billion. But most people have a pretty good idea where Yahoo! will be in 2001. |
