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


To: CalculatedRisk who wrote (14149)4/5/1998 9:07:00 PM
From: STLMD  Read Replies (3) | Respond to of 31646
 
CR, I too thought when I first got involved with medical embedded devices that all was well. I have spent over one year now with the IT/IS folks at my health system, one of the east coast's largest, and not all is what it seems on the surface. If your informed friends in the business are not at all worried about medical devices then I would call them and have them take another look.

Because of what I know, I have put together a lecture series for doctors(free of charge, by the way, so not $$ motivated) with representatives of our IS team and legal consultants as well as some input from KPMG- Pete Marwick to spread the news about our troubles. Pacemakers, no problem with the devices but potential problems with the interrogation of them for all but the latest update of software. Infusion pumps... just counting ticks of the clock?? Well, if those ticks have a year component then they are noncompliant. They also have to be recalibrated every three months and if not will not work. Sure we can have trained personnel on duty to recalibrate everything in the hospital at that time but the facts remain, lots have problems. Ventilators also have regular maintenance schedules, some, not all are noncompliant.

MRI and CT scanners, we can't even get a statement from the manufacturers. More the software than the hardware embedded system here though. Radiation therapy, calculated dose exposure all based on time factors and problematic.

As JWK said, this does not even take into account the embedded systems in our pagers, our HVAC systems, nor the supply chain of our vendors, etc. So please have your contacts and experts rethink their conclusions for the sake of their patients.

Now, take this and multiply throughout the infrastructure of our society and then you get to see where TAVA's resources come in. They are first and foremost system integrators, recently completed the Systems Integration in Northern VA. of one of the world's most modern semiconductor plants, have integrated factories for major Fortune 500 companies throughout the US and abroad, and now have a business opportunity in y2k(real problems) to provide the cash to further their acquisition strategies and grow as a company. This is the company's business plan beyond y2k and they have the management team in place to accomplish it. Good luck going short. Stephen




To: CalculatedRisk who wrote (14149)4/5/1998 9:27:00 PM
From: Hunter  Respond to of 31646
 
CR,
Haven't quite figured out why - but you sure are annoying. I'd much rather read CK's posts than yours. I currently have no position in TAVA. Will do the short term trade thing as opportunity shows itself. No hidden agenda - just can't stand reading your posts. Sorry, couldn't go to sleep tonight without passing that on to you.