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


To: James Strauss who wrote (12447)3/10/1998 2:30:00 PM
From: Rob L.  Read Replies (2) | Respond to of 31646
 
As promised, here is the response to my question to Scott Liolios.

Hello Rob,

Thank you for your interest in TAVA. I am not sure of the exact number of clients they are doing remediation for, but at last count it was three. You probably will not see the large ramp up in revenues due to remediation until approx. June. What you want to see is the company getting as many I&A (Inventory & Assessment) as possibly. They have high margins, it increases company exposure and it somewhat locks in future revenues.

As far you chip question: The answer is it depends. Every issue is different and unlike in the business side of Y2K there is not millions of lines of code. The problem is less deep and more broad. I hope this helps.

Thank you for your support.

J. Scott Liolios

> Dear Mr. Liolios,
>
> I am shareholder of Tava (and currently a happy one based on the
> movement of the stock price). I have a couple of questions regarding > assessment and remediation. Tava seems to be increaseing 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? Mr. Jenkins stated in > the conference call 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 future. > How many companies is Tava doing remediation for?
>
> If they find 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. >
> Your assistance in this matter is greatly appreciated. Thank you in > advance for your time.
>