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


To: Jack Zahran who wrote (16683)5/12/1998 5:11:00 PM
From: Kevin  Respond to of 31646
 
In the near-year I have been a TAVA (TPRO) stockholder, I can't remember a day with more posts on this thread.



To: Jack Zahran who wrote (16683)5/12/1998 6:16:00 PM
From: CalculatedRisk  Read Replies (1) | Respond to of 31646
 
WRONG!!!!

You write: Is TAVA's core business revenue increasing? Yes ...

NOT TRUE ... and easy to verify. Check last quarter's non-Y2K revenue in their SEC filings. This quarter shows a sequential decline ... just like the quarter before!

Regards, Bill



To: Jack Zahran who wrote (16683)5/13/1998 10:09:00 AM
From: Rick Bullotta  Read Replies (1) | Respond to of 31646
 
<<$10 Mil in backlog work in May alone>>

Their challenge is to convert "backlog" into revenues...also, given the "step function" nature of revenues in their business, one would need to look at the change in backlog over the entire quarter, not a single month - linear projections from one month would not be accurate...and, at an annual clip of 50 million or so, a 10 million backlog is actually quite low...

I need to see much better revenue growth (which we know is more profitable revenue with higher margin than '96 and '97) before I get excited again...

- Rick