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

To: C.K. Houston who wrote (16659)	5/12/1998 4:31:00 PM
From: CalculatedRisk	Respond to of 31646

Cheryl, 1) Wonderware bundles the CD with FactorySuite. TAVA claims to have shipped tens of thousands of CDs to Wonderware, but Wonderware has only shipped a small fraction of these CDs to customers. At the current rate it will take Wonderware years to ship the original 15,000 trial CDs. 2) Very little of TAVA's business is "remediation". This is obvious to anyone with a technical background ... but a third party cannot modify an embedded system without the source code. 3) TAVA's core business is continuing to decline. In fact, the deterioration of their core business is accelerating. Regards, Bill

To: C.K. Houston who wrote (16659)	5/12/1998 5:05:00 PM
From: John Mansfield	Respond to of 31646

[COWLES] Cowles' wrap-up of the Cowles/Swirbul discussion on the EPRI conference ' EUY2K NEWS AND VIEWS Recent Industry Events and Breaking News 05/10/1998 - EUY2K Book At Amazon.com! - I just received word that the book, Electric Utilities and Y2k, is now available via Amazon.com. This is good news for those of you who wish to use your credit cards to order the book online. ...The Electric Power Research Institute (EPRI) held their third Y2k embedded systems meeting this past week. Roughly 75 (out of 9000 domestic U.S.) electric companies attended. According to Fred Swirbul (as posted in the comp.software.year-2000 newsgroup), "Most everyone had completed or was close to completing their initial assessments, and some preliminary testing has been accomplished by most organizations. Unfortunately, only about 10% of the organizations had completed significant portions of their testing." Fred continued, "Of those organizations that had completed significant testing, they were finding failure rates in the 10% range. The good news is that for embedded COMPONENTS, not a single "fatal" failure was found. Zip. Zero. Nada. I am calling anything with less computing power than a PLC (programable logic controller) an embedded component. Yes, the dates might be wrong, but the smart field transmitters still measured properly, the digital trend recorders still plotted trends, and the digital meters still displayed correct numbers (except for the date). Nothing at this level just froze up, so far." My response to Fred, in part: "It's a matter of orders of magnitude, Fred. By your count, 75 of the most Y2k enlightened power companies out of 9000 in the U.S. were at the conference. I'm still preaching awareness to the other 8925. NERC is just warming up to the issue. Regional system operators aren't in the game yet. Please help me out - why should I feel any better today than I did yesterday?" You can follow this entire discussion thread by going to the dejanews website, and using the search terms: comp.software.year-2000 electric utilities power there. ... euy2k.com

To: C.K. Houston who wrote (16659)	5/12/1998 9:02:00 PM
From: Quad Sevens	Read Replies (2) \| Respond to of 31646

<<< Speak for yourself. THIS investor has been here since last July ... because CD could result in remediation contracts ... which could result in post-Y2K business. I'm not interested in a fly-by-night, short-term operation. >>> Well, no one was talking that way, including you, in your post Message 2457832, where you summarize the enthusiastic projections of CD ROM revenues from this thread. Look at the huge numbers and optimism there. It was hardly possible for all of the CD usage at that level to turn into I&A contracts, much less remediation contracts. Let's not pretend, C.K. I'm fully aware of the 60 day (90 day?) trial period and all of that stuff. But it was Jenkins himself who said at Redchip that the CD sales through Wonderware had been disappointing. (Tell Jenkins "anyone with any sense who's followed threads and actually read details ... couldn't have expected any substantial return until possibly April" so that he won't be so disappointed next time.) TAVA has done incredibly well in landing service contracts, with more to come. But those will never generate the kinds of revenues we were talking about in October via CD sales. Perhaps the CD sales will start kicking in, and perhaps Jenkins's 225 bucks an hour for services will soon be a reality. That would be great. But TAVA is not the bargain now at 12 3/8 with significantly diminished CD sales prospects (but greater service contract potential) as it was in October at 5 and change with our then optimistic forecasts. Wade