TAVA Technologies (TAVA-NASDAQ) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bonzo who wrote (21329)	7/30/1998 12:30:00 AM
From: ROBERT H RICHMOND	Read Replies (1) of 31646

Joe, Thanks for your latest post. I always find them thoughtful and well reasoned. I am a retired business owner and I would like to make a few comments about TAVA from that viewpoint. First, I want to address recent posts regarding the TAVA loan and the Vector Vest valuation of TAVA's assets. A number of accountants have already indicated the loan was satisfactory considering the circumstances. I would point out that TAVA is not a factory or a department store or a real estate co. They probably rent their offices and lease their office equipment and vehicles. Their major asset is their work force and that they must show as an expense. Pledging all their assets would probably not even come close in dollars to the amount of their loan. This shows a good deal of faith by the loaning company, whose stock on the NYSE has been doing quite well recently. If TAVA can earn .25 on every dollar of the loan while paying out .12 in interest they have a good deal. Vector Vest, a service to which I subscribe, is quite correct in showing a valuation of $1.90 per share for much the same reason.TAVA.s hard assets do not amount to much nor should they. TAVA is pointing all their resources in the direction of growth and improvement. As a business man I am deeply impressed with the progress TAVA has made in their business plan since the Jenkins group has taken hold. Information of this type is available in spades on this thread and can be easily assimilated in a few hours. Only one who has participated in this type of business activity can appreciate the concentration and perspiration and countless hours of effort that are required. Stock prices vary. They are an imperfect reflection of the perceptions of thousands of investors. In the long run companies succeed because they have strong management, dedicated, trained employees, money, a sound business plan, and the courage and ability to execute that plan. I believe that TAVA is such a company. I have been long since last year and have no plans to change that position. rhr

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next