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


To: EaglePutt who wrote (14273)4/7/1998 9:44:00 AM
From: Mr Logic  Respond to of 31646
 
Eagleputt, regarding the downside I really don't know. I know where I hope/expect to begin covering, but there are non-product downside uncertainties in the stock that match the upside the longs look for.

Principally, the cashflow position and timing of revenues. I think the warrants were called to generate cash, and the company in large part based its financial restruturing on the ability to generate Y2K revenues - by implication these revenues are supposed to have built up in the Jan-Mar quarter, an the lack of news suggests they didn't. Ignoring the effect of rev/earnings in the stock price, they could get very stretched for cash.

P.