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


To: jan m. who wrote (13888)4/1/1998 2:32:00 PM
From: JDN  Respond to of 31646
 
Dear Jan and Karl: Well, I am more curious than anything else. You dont suppose this talk is related to another offering do you? JDN



To: jan m. who wrote (13888)4/1/1998 2:32:00 PM
From: Don Hutchinson  Respond to of 31646
 
I've learned a little more about this blue sky
thing. A broker in California may solicit
Tava to clients with the blessing of his/her
employer (Dean Witter, Merrill, etc.) because
it IS a blue sky stock in California. If a
broker solicits a stock that is NOT blue sky
and the stock 'tanks', the client has legal
grounds to say 'Hey, I was solicited this
piece-of-s**t and it is not blue sky! I want
my money back!'.



To: jan m. who wrote (13888)4/1/1998 2:32:00 PM
From: Chaotic Holdings  Respond to of 31646
 
FYI:

"blue sky" laws, as they're called are the Uniform Securities Laws which govern securities on a state level. A non-"blue skied" security can be bought in that state UNSOLICITED, which may have been your exemption Jan. Also, a manual exemption may exist within the state the company is chartered, although each brokerage firm, as with margin, may choose to ignore that.



To: jan m. who wrote (13888)4/1/1998 2:46:00 PM
From: Karl Drobnic  Read Replies (1) | Respond to of 31646
 
Valuing TAVA's database: We've periodically discussed TAVA's growing database of embedded chips. In 1996, I wrote about two database companies, MaxServ and Pharmaceutical Marketing. MXSV was at $2.63 and had the world's largest home appliance repair parts database. Sears bought out MXSV at $7.75, 2x sales, and 355% above book value. PMRX has a vast pharmaceutical database. Cognizant is taking over PMRX in a stock swap, worth $15/PMRX share today. That's about 150% over book value and 3 x sales. Databases are the diamond mines of the next century. TAVA is getting more valuable every time a new item is added to the database.