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


To: Mark3000 who wrote (13948)4/2/1998 11:45:00 AM
From: Jack Zahran  Respond to of 31646
 
Rumour it is... that rumour originated when TAVA was thinking about future financing. Since then they announced a $4 Mil credit line instead and told shareholders that they were not planning any further dilution at the time of the shareholders meeting. The rumour pre-dates the shareholders meeting. To date, I don't believe TAVA has taken advantage of their new credit line either. They seem to have enough cash for now... (of course, financing is never written in concrete.)