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


To: Karl Drobnic who wrote (5861)11/12/1997 10:27:00 PM
From: Zebra 365  Respond to of 31646
 
At the risk of repeating myself:

To: JDN (5767 )
From: Zebra 365 Monday, Nov 10 1997 11:57PM EST
Reply #5780 of 5862

<<<.......And in a company who's total employment is probably somewhere around 500 to 1000 people, four million in the bank doesn't last very long.

Also, just take the fact that wonderware has 20,000 clients and TPRO has 4,000. Let's say that 75% need no Y2K work at all (ridiculous, but stay with me) that leaves 6,000 clients. And TPRO has maybe 300 engineers. That is 20 projects per engineer that should be completed in the next 13 months, (to give 1999 for testing the fixes). Even if the plants would do it all with their own employees using PlantY2KOne, this is a Stygian task. They will still need support for the software coming from humans. (Actually this is where I see the TPRO employees working, not all at plant sites, but at PC's helping customers' employees with the software.)

TPRO is not going to do anywhere near the whole job needed. And who else is out there to do it?

But if the TPRO folks and the CD are as good as they seem to be, they are going to do a huge chunk of the plant remediation work and I think that will take much more cash to hire and train people than they have in the bank currently. Just saying I would be surprised if that is not addressed Friday. I only hope for many peoples sake, they can ramp up fast enough.>>>

All I can add, is that, knowing what I know about the Company's finances, if they were not talking about raising cash now,I would wonder if they really had anything to sell. I think the stock will take a small hit in price though from an announced dilution, regardless of the magnitude. It doesn't bother me, I'm in this for the duration.

Zebra