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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Dorine Essey who wrote (23541)9/24/1998 12:14:00 PM
From: AHM  Read Replies (3) of 31646
 
Just found this 9/1/98 article in thestreet.com which may have been posted here - but I don't recall seeing it.

TAVA Technologies
Leo Hood (Sept. 1)

TAVA Technologies (TAVA:Nasdaq) has for 25 years been providing factory automation and control systems integration to a variety of industries, including electricity, food processing, forest products, petrochemicals and aerospace. The company's experience in providing automation solutions to such a broad cross-section of industries makes it a good Year 2000 play, says Leo Hood of the Y2K Journal.

Hood says TAVA is "way out in front" of the Y2K issue with more than 250 systems engineers and a specialized suite of tools for bringing factories into Y2K compliance. "TAVA knows where most of the problems in a factory are, has the expertise to deal with the variety of programming languages and hardware systems in use and how to approach the problem effectively," says Hood. Among TAVA's Y2K customers are Coca-Cola (KO:NYSE), General Motors (GM:NYSE), Kraft, Chevron (CHV:NYSE) and Johnson & Johnson (JNJ:NYSE).

TAVA is expected to have minimal earnings for the year that ended in June, but Hood expects earnings to soar into the $1-per-share range for the current fiscal year due to "explosive growth in the sales of TAVA's (Y2K) toolsets."
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