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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: JDN who wrote (29682)3/23/1999 10:03:00 AM
From: JDN  Read Replies (3) of 31646
 
TO ALL: I just finished listening to the TAVA audioinvestor broadcast at audioinvestor.com. It is OUTSTANDING. If I were still in NAM I would say OUT F--CKING STANDING. I am SO DAMN EXCITED. If you dont listen to this you deserve to sell your stock NOW. Here are just a FEW tidbits I jotted down. Broadcast lasted 39 minutes (however you can surf the web or do whatever you wish while its playing--although I didnt--I was GLUED to every word). Basically everything you ever heard on CC or Red Chip Conference was REINFORCED plus MORE. DOUG did an EXCELLENT job of FORCING Jenkins to TELL ALL. He wouldnt let him off the hook with just glib remarks but made him tell how great it is a is going to be.
Brief Comments:
1. TAVA has picked up 400 MOSTLY FORTUNE 1,000 clients already. Jenkins expects nearly ALL to remain clients in the future with an estimated 1/2 to 2 MILLION ANNUAL revenue from EACH after Y2K. for TAVA's other CORE BUSINESS. Later in the broadcast Doug got Jenkins to state that he estimated 200-400 MILLION in annual revenue JUST from these clients (doesnt include Beck, Airports, I-2 etc.)
2. R.W.BECK has 500 engineers presently working with TAVA at 150 sites nationally. They are currently ONLY putting PATCHES on utilities systems to GET BYE. After Y2K they will go back and make complete fixes (oodles of work just in Y2K after 2,000). Besides that due to deregulation there will be a TREMENDOUS need for TAVA/BECK products in the Utility industry. TAVA/BECK (Beck is a private company) are discussing how best to handle all this. (Do I smell MERGER in the process? )
3. Airport deal with Benz--they estimate 100's of MILLIONS of $$$ of business and expect to get a BIG PIECE of the pie.
4. Chevron--TAVA is doing bukoo work now handling nearly all their refineries from Houston to the West Coast and Jenkins expects SIGNIFICANT work downstream.
5. Mangan--heavy in Refineries and BioTechnology Jenkins says he hopes that the merger shows that 1+1 will equal far more than 3. My kind of accountant. haha.
6. Due to National footprint (only company in this field to have it) Software companies are COMING TO TAVA to ask them to implement their programs in order to see that they are done similarly throughout the nation.
7. Growth, will be combination of internal and acquisition. No longer need to acquire for the sake of coverage etc, will acquire when they need a specific expertise etc. Hiring easy, everyone wants to be a part of this growing and prestigious company getting plenty of GOOD PEOPLE.

LOTS MORE. Jenkins ended by saying VERY SOLID FUTURE, INCREDIBLE OPPORTUNITY. Upset about stock price and is taking steps improve it but for now believes the perception is that TAVA is a Y2K company which people who know TAVA well know that is NOT THE CASE. JDN
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