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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Norm Magic who wrote (31354)6/17/1999 9:38:00 AM
From: JDN  Read Replies (1) | Respond to of 31646
 
Dear Norm: Thank you, but I should tell you that I took no offense to what Bruce said. From what I have seen of him he seems like a straight shooter. He is just voicing his beliefs. Personally, if I had a low opinion of TAVA I would sell now and avoid any risk of deal falling thru etc. But, I believe that if for some reason (Unlikely) it did fall through the stock would ultimately increase substantially. All they need to do is get past 12/31/99 and CONTINUE to show good revenue and profits. If we could only see the backlog of business I bet we would be very comfortable with this stock. If you recall JJ USED to give out this number and then stopped. In my communications with him he said something like impossible to compute accurately as only contract small portion of total contract at any given time as companies dont contract until evaluation etc completed. Then another time he said something about wanting to avoid lawsuits if backlog didnt hold up. Personally, I think it was ALL bullshit now. I think he purposely wanted to keep the stock price down as long as he could to effectuate a sale. Why? I can only presume that he does not feel confident in running a public company and is more a MANAGER than a CEO. JDN



To: Norm Magic who wrote (31354)6/17/1999 12:32:00 PM
From: B.D.Bauden  Read Replies (2) | Respond to of 31646
 
"I was lied to also....and I think the only way to teach Jenkins a lesson is to fight back. Your telling JDN he is doing the wrong thing is rediculous. He is fighting for his beliefs (and mine too). That's what our country is all about."

JDN and I have differing views on this issue and I'm sure that my comments to him were taken in the spirit in which they were given. He thinks that killing the merger will bring the price of the stock up. I think it will drive the price down.

The millions of shares that have been purchased in the two months since the deal was announced were not bought by people who consider TAVA a long term investment. They got into this stock for the guaranteed $8 and will vote for the merger. If the deal falls through, they will bail out as fast as they can.

How much of a loss are you willing to take in order to hurt JJ? You want to "teach Jenkins a lesson"? Go to TAVA headquarters and meet him on the parking lot. Don't do it by cutting the value of your stock in half.

BDB