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

To: Karl Drobnic who wrote (7125)	12/11/1997 11:50:00 AM
From: Karl Drobnic	Respond to of 31646

Growth by acquisition 2: Previously, I've compared TPRO to ABTX. In early 1997, both were $2 stocks with aggressive acquisition plans and lousy capitalization. Both have about 25 mil. shares out. Whereas TPRO has paused to collect Y2K eggs, ABTX has continued to consolidate a fragmented sector. But its two most recent takeovers have added $125 million to annual sales and are immediately accretive. The market has rewarded growth by acquisition - since June, ABTX has become marginable, optionable, and just hit $14.50. The point is that as companies grow, later acquisitions add more value to the company than early ones done on a shoestring. Valuing the company TPRO will be after a few more acquisitions, done with tons of Y2K cash, shows me a great long term growth company.