Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: kfdkfd who wrote (16503)	5/12/1998 10:35:00 AM
From: Karl Drobnic	Read Replies (4) \| Respond to of 31646

JDN and Kevin have it right: Gross margins and backlog are going up. Backlog was $18 mil. Dec. 31. TAVA worked off $11.6 mil. That leaves over $6 mil. from Dec. backlog. Jan. was a $6 mil. contract in the core business. BMY expanded to a $7 mil. job. That's $19 mil. that we know about. Clients went to "over 100". What's the backlog for the "1200 site" master agreement? Another 150 staff are being added. Rates are being raised for new clients. It all points to exploding backlog (I'll estimate $80 mil. or more) and further expansion of profit margins. Plus look at the current ratio - it's up to 1.6 and climbing. Fundamentals are improving, too.