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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: JDN who wrote (28231)2/16/1999 3:52:00 PM
From: fma  Read Replies (1) of 31646
 
Shareholder Meeting

Poorly attended, approximately 40 attendees, 1/2 to 2/3 attending were TAVA employees. No analyst present as far as I can tell. Management very leery of diclosing any figures tied to future revenue streams. You are already aware of the major piece of news, the alliance with Daimler Benz Frankfort Airport. As far as I know, they don't have any signed contracts for airport services but they have high hopes that this alliance will let them successfully bid for work with most major US airports.

The presenters used complex slides and covered the material way to fast to be assimilated. Most of the slides were not visible from thirty feet back. Consequently, I gave up on trying to get details and focused on the points they felt were important enough to cover.

Goals for 1999 (John Jenkins)
Add 200 new empolyees to the 300 added last year. Total is now about 620. No breakdown given on whether these were engineers or clerical
Add Corporate Comunications Director. They recognized that their PR and IR efforts weren't coordinated, and felt this position, responsible to the CEO, would integrate information more effectively. They plan to hire "an integrated communications consulting firm" that would recommend strategies to the Communications Director who would then be responsble for contacting PR firms, etc. [I was very dissappointed with this approach although it was obviously added to address shareholder concerns. No recognition here, or in other discussions, that what they need are some high powered connections]
Add Regional HR Staff
Develop New Practice Managers
Continue to Build Regional Management Talent Bast
Train, train, train

List of some of the clients added in 1998
Chevron
Poloraoid
Johnson and Johnson
Amgen
Falconbridge
20th Centry
Canadian Federal Govet\Air Liquide
More

1998 Alliances and Partnerships

Partnerships
TAVA-RE Beck
C-Med

Alliances
CSC
SAIC
Unisys – Brazil and S. America
AIS - airports
NIST-MEP

SPPs
Worldwide

Continued. fma

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