TAVA Technologies (TAVA-NASDAQ) Message Board

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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Rich Dee who wrote (22534)	8/21/1998 4:41:00 PM
From: Bill Wexler	Read Replies (3) of 31646

TAVA strong sell/ short sell recommendation TAVA is a small IT consulting firm with an atrocious earnings record and a very weak balance sheet. TAVA stock has recently been run up on Y2K "embedded systems" hype. TAVA has no unique technology which enables it to fix Y2K problems in embedded systems. Indeed, locating these problems is usually a slow, manual process. TAVA's time frame for realizing revenue form Y2K work is quickly shrinking, in fact, many corporations are using in-house staff to resolve these issues. The Y2K problem is a hoax designed to make a millenial crisis out of a relatively straightforward software/hardware upgrade and maintenance issue. TAVA financial condition is so weak that the company is forced to resort to convertible debentures and loan agreements with the notorious Sirrom Capital (NYSE:SIR). TAVA recently pledged 100% of its assets for a tiny loan. TAVA stock has been fraudulently promoted by management and various brokers/consulting firms in order to artificially inflate the price. TAVA remains grossly overvalued and should be sold or short-sold at any price over 5.

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