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


To: Skeptic who wrote (10282)2/3/1998 5:57:00 PM
From: Zebra 365  Read Replies (1) | Respond to of 31646
 
Skeptic

You quoted me....
<<I believe, had all of these clients and project been announced, one by one, as they occurred, you would see TAVA stock trading in the teens already.>>

Your response:

<<The market may not be perfectly efficient, but do you really believe that the timing of the release of relevant information can make a 100-200% difference in the price? How does the timing of press releases affect the intrinsic value of the business?>>

I'm sorry if I wasn't clear. I was speaking to the magnitude of the clients, not to the release of information itself. There are those who have questioned the existence of the Y2K problem in embedded systems and also those who think that major corporations will not seek the services of TAVA. These client engagements would seem to controvert that. I still think that a Cargill, or General Motors engagement is worthy of an 8k in and of itself by the standards of announcement that the company had previously adhered to.

And as you know, stock prices of small cap stocks are affected far more by the market's perception of the future than by their present financial statements. While press releases do not change the intrinsic value of the business, information regarding current and new sources of revenue may affect the markets perception (stock price) of the future of the company.

In answer to another poster's recent question, yes, 45 days after the close of a quarter is the longest a company may go before releasing 10Q information unless an extension is sought and received.

Zebra