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


To: Clayleas who wrote (6015)11/14/1997 6:12:00 PM
From: M. Frank Greiffenstein  Respond to of 31646
 
I'll be posting my synopsis of the conf call later, too busy counting up all the shares I bought today <g>.

But let's face it: the balance sheet is a friggin nightmare. Who the hell uses a single line for Current assets, no breakout of cash vs, A/R? That looks sleazy to the average accountant. We know now they have 1 million cash, so the quick ratio is awful; even if the current ratio looks a repsectable 1.4.

I'm not too worried, but the cash crunch is a BIG problem. Warrants better be executed soon. Can we send some muscle over to Marshall Hyman?

DocStone



To: Clayleas who wrote (6015)11/14/1997 7:20:00 PM
From: TokyoMex  Read Replies (3) | Respond to of 31646
 
Dont get off on Smith Barney too much.
I know who made that call.
Concentrate on TPRO business plan.
Joe TPRO



To: Clayleas who wrote (6015)11/14/1997 10:17:00 PM
From: Raj Ramaswamy  Respond to of 31646
 
"<<Dan,
<we do not know if the Smith Barney person was a broker or an analyst.>

I agree with you on this. In fact, I tend to think that the guy was an individual broker and his comment was a cute throw away line. I wouldn't get too excited about it. If anyone knows better, please correct me.
"

Whoever it was, not bad to mention Smith Barney...!!!

Raj