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

To: Raj Ramaswamy who wrote (5760)	11/10/1997 2:20:00 PM
From: Rob L.	Read Replies (1) \| Respond to of 31646

Here is managements take on how to raise capital from the latest 10-K It is management's intent to improve liquidity and cash flow from operations through the following activities: 1) Improve the Company's profitability and working capital management. 2) Generate cash proceeds through the exercise of outstanding options and warrants. 3) Prudent use of a credit facility. 4) Issue additional equity, if required. In an effort to improve the Company's profitability and working capital position, management is: 1) Investing in product development designed to improve gross margins. 2) Improving project performance by centralizing cash management, financial and accounting functions. 3) Improving contract management by standardizing appropriate terms and conditions. 4) Negotiating more favorable payment terms with the Company's customers and suppliers. 5) Continuing to focus on changing the Company's revenue mix to a higher labor content and higher margin product sales. Management believes the above programs will be sufficient to improve operating results, improve cash flow from operations and that additional debt and equity financing will be available to support the Company's operations.