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


To: Hardrocker who wrote (6185)11/18/1997 8:20:00 AM
From: Cents  Read Replies (1) | Respond to of 31646
 
Forget Red Chip! I'm holding out for Blue Chip!!!
Lookin good!!!

Cents



To: Hardrocker who wrote (6185)11/18/1997 11:13:00 AM
From: Andrew H  Read Replies (3) | Respond to of 31646
 
Thanks, Hardrocker. While I think the estimates I have seen on this thread for TPRO are on the high side and I would not be surprised to see one more Q of unprofitability from TPRO while they are hiring and spending for expansion, it was the use of the term "quarterly results" (the plural) that concerned me in the Red Chip summary and the suggestion that earnings might be poor over the entire hiring period of 6-9 months. Of course the statement " negative financial impact" is pretty ambiguous.

>>While we remain very optimistic over the long-term, we believe the 50% increase in staffing levels could have a negative impact on the quarterly financial results as TPRO will incur employee-related expenses during the recruiting and training period. <<

I think the market will be concerned if we don't see decent profitability in the 3rd Q. However, if the estimates on the thread are anywhere near accurate, I can't imagine the 3Q not being profitable.

Meanwhile, I have no objections to the price going sideways until TPRO becomes marginable so that I can afford more.