TAVA Technologies (TAVA-NASDAQ) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PaddyD who wrote (31179)	5/20/1999 12:43:00 PM
From: JDN	Read Replies (1) of 31646

Dear Paddy: I agree with you. The only way they are getting my stock for $8 is if the vote is positive. I will be voting NO,NO,NO. Regarding the proxy statement--I dont see how they can mail it out before it is approved by the SEC and I havent seen a filing yet. Has anyone?? Regarding 10Q--after a careful review IMHO it is very conservative. For instance the $610,000 deferred tax VALUATION ALLOWANCE. I am not a tax expert but income is so high now and expected to be so high in the future I cannot see how a valuation ALLOWANCE is necessary. Seems to me if they have loss in 2002 they could always carry it back to the profitable years beginning this year. But, I dont have all the facts so only guessing. Bottom line is that Valuation Allowance cost us 3 cents a share which will be transferred to Real ultimately. Cash balance is SO HUGE that one has to wonder why they didnt repay the loan requiring warrants to be issued. Finally, gross profit percentage on UNCOMPLETED JOBS only booked at about 26% to date. As usual quite conservative considering at the completion probably will be in the 50% range. JDN

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next