To: Allen Sampson who wrote (14459 ) 4/8/1998 8:27:00 PM From: CalculatedRisk Read Replies (1) | Respond to of 31646
Allen, I'd be interested in what you find objectionable in my previous posts. <I'm just checking this puppy out ... DDIM fans will love this one. Their hot product is a CD with a "methodology" for fixing embedded system problems ... sounds like a variation of the "Ardes2K" red herring!> Are you familiar with DDIM and Ardes2K? Have you seen both Ardes2K and PlantY2KOne? For people who were also long DDIM, this should be a major concern regarding TAVA. <Also, I smell a "death spiral" convertible coming! Cash flow from operations is terrible.> Cash flow from operations is terrible. For the longs sake, I hope you don't see a "death spiral" convertible. BUT the hints of a possible "death spiral" are 1) too many shares authorized - TAVA has 200 Million authorized (that is not a misprint), 2) negative operating cash flow (TAVA fits) and 3) elimination of warrants & preferred stock (TAVA qualifies). These are just hints ... that is why operating cash flow will be interesting this quarter. <I'm starting to take a look at the TAVA joke! So far it is hilarious! ... have you heard the last conference call? vcall.com ; <The whole premise of TAVA is a joke (i.e. one company can solve all Y2K embedded system problems)> Of course, I'm talking about valuation, NOT the Company. <Be careful ... the hype is unbelievable! Gotta be careful with this one ... lots of KK'ers think they walk on water (another ACLY!).> IMO, those statements are accurate ... just read this thread. <but most of the people who invest in Y2K are naive - both technically and with regards to investing. This is a great combination for us ... eventually.> OK, I wrote what I was thinking ... and that comment is below the belt! I've already apologized to some of my friends that are invested in Y2K companies. Regards, Bill