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

To: michael tantleff who wrote (16565)	5/12/1998 12:59:00 PM
From: Mighty_Mezz	Respond to of 31646

re: i think the stock will be between 12 1/2 to 16 this year. Since it's between 12 1/2 and 16 right now, you win!! I think the chart will move to the right. <g> [sorry - good CCs get me this way sometimes.]

To: michael tantleff who wrote (16565)	5/12/1998 1:23:00 PM
From: CalculatedRisk	Respond to of 31646

All: On a fully diluted basis, TAVA has approximately 25 million shares (including all options). At 13, this gives a market cap of $325 Million. Results: This release is NOT all bad ... although it is pretty ugly considering the market cap. The disappointing revenue growth is primarily a result of the continued decline in the core business. I estimated the core business at a little over $9M this quarter ... instead it was about $8.2M. It appears this business is deteriorating faster than expected. Y2K consulting is the bright spot, this came in exactly at my forecast of about $3.5 Million. Congratulations to TAVA! They also appear to have cut costs (although the discussion of increased future overhead spending is scary). I need to see the 10-Q before I write a report for the TAVA Research thread on the financials of TAVA. The CD-ROM is dead (as Patrick and I pointed out months ago). They only sell this to customers that sign up for consulting and it will never sell in significant quantities to non-consulting customers. This has always been the TAVA "red herring". Next quarter, Y2K consulting should increase to about $6 or $7 Million. Add in about $8 Million for their core business and the overall business will be about $14 or $15 Million. Great increase! But cash flow will be negative, earnings will be modest and investors will realize this is a consulting company with a "bubble" opportunity. Regards to All, Bill