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


To: John Mansfield who wrote (12422)3/10/1998 7:40:00 AM
From: Rob L.  Read Replies (1) | Respond to of 31646
 
I have a couple of questions regarding assessment and remediation I hope I can get answered here. I could not find the answers on the research site. Tava seems to be increasing its engagements for the pilot/assessment phase (e.g., BMY, KO, etc.). Of all of the assessment/pilot work done by Tava, how many of these projects have resulted in actual remediation? I seem to recall Jenkins stating that all of them have turned into remediation. Is this correct?

Further, Mr. Jenkins stated in the conference call (either this one or the one before it) that for every dollar of assessment, Tava can reasonably expect to earn an additional $9 for remediation. That is quite a figure and if Tava's assessment's are turning into remediation, then revenue ramp up will be quite large in the near future. How many companies is Tava doing remediation for and how big is the average project?

Here is where my non-techie background will show up so forgive me for my ignorance. If Tava finds a bad chip(s) in the assessment phase, how do they do the remediation? Do they physically remove and replace the chip? Is the software code controlling the device re-written? I am not clear on the process of remediation done by Tava.

I am also going to forward these questions to Mr. Liolios and I will report back his response.

Thanks
Rob



To: John Mansfield who wrote (12422)3/14/1998 5:30:00 AM
From: John Mansfield  Read Replies (2) | Respond to of 31646
 
Business Week 3/23/1998

'I deal with software systems used by corporations. Thus I was horrified to learn that there are so many problems in so-called embedded systems--those control systems in which software is loaded into computer chips at the time of their manufacture. Embedded systems
are at the heart of most modern industrial control systems, including
those of the nation's power grid. The most frightening part of the article was the quote from Charlie Siebenthal, who said it will be six months before the power industry knows the extent of the problem.

This means that electrical utilities will have less than 18 months to fix the problems
they find--which is cutting it way too close. I keep having nightmares about what it will be like in Boston, Chicago, or Minneapolis during January in 2000 if there is no power. People may die because of this glitch and our industries' inadequate response to it.

Bob Hermann
West Chester, Pa.'

businessweek.com