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

To: M. Frank Greiffenstein who wrote (6105)	11/16/1997 8:26:00 PM
From: Andrew H	Read Replies (1) \| Respond to of 31646

Thanks for your response. The question of valuing TPRO is an interesting one. Let us assume for a moment that Skip's figures are correct and TPRO earns 3.13/share next year, although that seems pretty high to me, but who knows. Now how should that be valued as non-recurrent earnings? At 25? at 15? less? I really don't know. Skip suggests 15, which does not seem unreasonable. In any case, bottom line is that the stock should do well. But then I wonder, what kind of earnings are we looking at in year 2000 or year 2001. Investors will be asking this question.