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


To: E who wrote (15065)4/18/1998 9:56:00 PM
From: Jack Zahran  Read Replies (4) | Respond to of 31646
 
Escuse me for interrupting the thread, but I thought I would simply re-post a part of the news release which seems to be getting very little attention, but which I believe is huge:

''The Company's Y2k activity continues to grow. The company has hired more than 70 staff since December 31, 1997, bringing current total headcount over the 400 mark. Recent new accounts include, among others:

Chevron Corporation [NYSE:CHV - news] where TAVA is chartered to complete, by April 30th, the inventory and assessment phase of a pilot project at Chevron's Richmond California Business Unit; Johnson and Johnson who has begun using TAVA tools and services at several of its global affiliates; Genencor; and Amgen.

The company's existing engagements continue to progress well and expand. Among other developments: the company's Y2K work with Bristol-Myers Squibb has moved from pilot stage to global rollout ; Medeva Pharmaceuticals has expanded TAVA's scope to cover all U.S. operations and is beginning early remediation activity; and the company's work with Boeing has also expanded in scope.

The company's joint venture with R.W. Beck that addresses the utility market also secured several engagements in its first two months of operation.''



To: E who wrote (15065)4/19/1998 10:41:00 AM
From: hiccup  Respond to of 31646
 
I don't bother following insider selling any more (insider buying is another matter...). The trading window for insiders at a company like this is tiny. I work at Director level for an internet company with highly visible, volatile stock. Simply working for the company limits my trading to 2 months out of every quarter. Any acquisitions/major deals I am a part of limit that even further. Lately, I have only been able to trade ~3 weeks out of every quarter. For the senior officers, the window is even smaller. Common sense dictates I take some profits from time to time. I may take *a lot* this month because I know I may not be able to trade for several months out...

hiccup