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

To: Steve Childs who wrote (5854)	11/12/1997 7:09:00 PM
From: Jack Zahran	Read Replies (2) \| Respond to of 31646

They must have some really positive news and contracts to convince a couple of institutions to jump in. I believe they currently only have 5% institution in now, this is an additional 5% to be owned by institutions. How would you feel if an institution was willing to risk $6 Million dollars on you? Doesn't this tell you that some really smart people have done their DD and are buying into the TPRO story. Would an institution pay $6 Million + dollars only to have to sell it at a loss. They definetly will not be able to unload their investment without sinking the price. This is very positive news as they must have concrete reasons to buy TPRO near it's 6 month top. (Remember what happened to Apple when Microsoft announced it would buy $150 Million non voting shares).

To: Steve Childs who wrote (5854)	11/12/1997 9:53:00 PM
From: Tim J. Flick	Respond to of 31646

Steve... This is money that TPRO does not have to pay back. It is not on their balance sheet as a liability and there are no payments or interest expense. This is what the US equity market is all about. The cost of dilution is very small remember we are getting $6 mill for the shares. I for one think that if this is announced that the stock responds very favorably upon the news. This will solve short term money needs and give TPRO the capital to ramp up this monster.

To: Steve Childs who wrote (5854)	11/13/1997 5:03:00 AM
From: JDN	Read Replies (1) \| Respond to of 31646

Dear Steve: I am not only an accountant but I am a Director on the board of a local bank and serve on the Loan Committee. The warrants are not something bank would consider as collateral cant legally even if they wanted too. BUT I see no reason they couldnt take BONAFIDE signed CONTRACTS with MAJOR companies to a Bank and FINANCE them. I am very disappointed in this news and my earlier response indicates what I will do as a result. I doubt I will be alone in this feeling as most of the people invested in TPRO invest in other Y2K stocks and they know of what I speak. JDN