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


To: paul e thomas who wrote (7533)12/18/1997 7:28:00 PM
From: Jack Zahran  Read Replies (1) | Respond to of 31646
 
Paul, I am really psyched about the current events. The Red Chip review will keep updating it's value of TPRO as the story continues to be revealed. But the bottom line is that Red Chip feels that TPRO is undervalued and deserves to be above 10. This weeks price action on low volume will turn out to be the penultimate event that launches a steady stream of news releases. The CEO, CFO etc may know that they are sitting on a gold mine by virtue of the clients they are landing, but they neglected to keep us informed. On average they are landing three plants a day. We know what those numbers mean from all the DD that was already done. Jenkins past estimates are $300,000/Plant in addition to Tools revenue.

Even if Red Chips estimates are lower than this board collectively, they are still talking about 100%+ return at these levels. The Y2K effect has been characteristically under-estimated and will continue to be so until the SEC forces all companies to disclose their Y2K costs. I can tell you from my own exposure to the business that the Y2K problem is a whole lot bigger than most even fear to contemplate.

Todays news leak clearly shows that TPRO is concentrating their business on the large clients with multiple plants and they are getting them. Only time will tell how well their individual tool sales go, but even without tool sales this baby is huge. This boards estimates centered around tool sales and now we are learning that their Plant work is growing by leaps and bounds. And, if someone thinks that this will not grow their core business and open up a multitude on non-Y2K work to them then they are grossly under-estimating the power of name-brand recognition. One contract will breed many more.