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


To: Skeptic who wrote (7446)12/18/1997 10:59:00 AM
From: Rob L.  Read Replies (3) | Respond to of 31646
 
Why wouldn't companies want their names mentioned in a press release from TPRO? Seems to me that by stating you are actively trying to remedy or analyze your Y2K problem, you would be acting responsibly. I fail to see a negative in mentioning a name. Can anyone shed some light on this?



To: Skeptic who wrote (7446)12/18/1997 11:05:00 AM
From: John Arnett  Read Replies (2) | Respond to of 31646
 
Several comments on the price drop and the mystery surrounding how this could occur.

Looking at short interest in TPRO since August shows:
8/97, 325,000
9/97 702,000
10/97 957,000
11/97 977,000

The number of trading days using current volume figures to cover these short positions was .19 in August and 1.95 in November.

It's not wonder the stock keeps slipping...until the short positions have reached their goal and turn long it seems it will be very difficiult for the stock to move up, regardless of the news.

Anyone know if these shorts are spread among many or centralized in a few?

CTPOST



To: Skeptic who wrote (7446)12/18/1997 11:11:00 AM
From: Jack Zahran  Respond to of 31646
 
Had lunch yesterday with a business colleague who is maintaining a few business systems. Asked him if he feels the Y2K bug is overhyped. He mentioned that he plans to retire in 2003 when all the Y2K work starts running out. He mentioned that every system he has worked on as far as maintenance programming has code in it that will fail. Many in-house developed systems don't even use date fields to represent dates, they actually use two digit integer fields. He mentioned from his experience the problem is not being looked at close enough.

He has no Y2K investments if any investments in the sock market. So far every computer professional I have spoken to agrees that this problem is huge and will create work well beyond the year 2000.

JZ