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


To: JDN who wrote (31366)6/18/1999 4:54:00 PM
From: JDN  Read Replies (3) | Respond to of 31646
 
To all: If you are interested in getting a jump start on the VOLUMINOUS Proxy you can now access it at FREE EDGAR.
It will take you a couple of hours to read it all, at least it did for me.
In it you will find most of what you are looking for Including Prudentials Opinion. Speaking to the opinion, you know you can make numbers come out any way you wish dependent upon assumptions. They state that it is ONLY AS OF 4/20. It is heavily weighted by historical factors which of course drag down the value of the stock. The do mention the following: projected consensus earnings per share growth for two years ranged
from 2.0% to 29.9% compared to 45.5% for TAVA.
But TAVA's obvious substantial profitablility looking forward was outweighted by its poor past, IMHO.
You will also find the MEMORANDUM OF UNDERSTANDING for the TENTATIVE settlement of the two filed class action suits. Monetarily only the lawyers are paid, we the shareholders got some extra disclosure. If this settlement is approved I will explain to those interested why to the best of my non legal ability. I prefer NOT to discuss that now for obvious reasons.
You also will find you have DISSENTERS RIGHTS. They are complicated and I dont know if in reality they mean anything.
I still intend to vote NO to this proposed merger and I hope all of you will also. If you fail to vote AT ALL that will be the same as a NO vote. For those of you who intend to vote YES, I should point out is that ALL YOU GET for your yes vote is a RIGHT to receive $8 per share WITHOUT interest at some future date which I could not find anywhere except possibly AT CLOSING which I didnt see clearly indicated datewise. Some of you brighter people may wish to investigate that and report back.
For me, the only thing which could have made this more appropriate would be if TAVA were a SCREW factory. JDN