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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Larry Brew who wrote (28804)	2/24/1999 10:47:00 AM
From: Bill Wexler	Read Replies (9) of 31646

The TAVA fraud issues another misleading press release. Yesterday the TAVA corporation announced a "Y2K" contract with USPS. Terms of the contract were not announced. This is not surprising, since the potential revenue from this work will be minimal. Many technically illiterate investors still subscribe to the notion that the so-called "Y2K bug" will mean a potential windfall for small IT firms that specialize in "remediation". This is nonsense. However, many of these firms use the hype surrounding the Y2K hoax as a means of artificially inflating their stock price. TAVA has been fraudulently promoted in this manner. TAVA will eventually trade below 5 a share again.

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