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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: JDN who wrote (24084)10/21/1998 4:18:00 PM
From: Alastair McIntosh  Read Replies (1) of 31646
 
JDN, the earnings estimate published for this year (June 1999) is $0.74/share. Do you have a different published estimate or are you hoping and dreaming? It seems that all we have seen for the past year is continually lowered earnings expectations. In their year end SEC filing the company stated that they expect a drop off in Y2K work as the year 2000 approaches. As the company makes the transition back to lower margin consulting work with lower revenues after 1999 I expect that earnings will drop sharply in the year 2000. As the market is forward looking, I would not expect a significant ramp up in share price from this point.

Al
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