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

To: Rainforest who wrote (9301)	1/23/1998 12:34:00 AM
From: Jack Zahran	Read Replies (2) \| Respond to of 31646

TPRO in the last 6 months strengthened their books, set aside money for the potential bad receivables (set aside 100%, if I remember correctly) and has moved on. They will not go bankrupt, but have arisen from that all too familar business dilemna a better financially managed company. Their debtors will be forced to pay at least a significant percentage of their debt if TPRO has their paperwork in order and this will free up more cash towards the profits. But at this juncture, the delinquent receivables have already been absorbed by the 4th quarter 97. We are now in the 3rd quater 98. Even a partial collection of those delinquent receivables will be a positive boost. TPRO will be re-born as financially stronger TAVA.