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

To: Karl Drobnic who wrote (16891)	5/14/1998 10:20:00 AM
From: jan m.	Read Replies (2) \| Respond to of 31646

Spoke with Chris at Pacific Consulting. No seperate press release for NMS will be issued. It was already announced in 3rd quarter results. Tava will be going on a road show, this month, to meet with institutional investors. Jan

To: Karl Drobnic who wrote (16891)	5/14/1998 10:28:00 AM
From: Jack Zahran	Respond to of 31646

U.S. SECURITIES AND EXCHANGE COMMISSION CHAIRMAN ARTHUR LEVITT JR. "INVESTOR PROTECTION IN THE AGE OF TECHNOLOGY" Excerpt from his speech on MARCH 6, 1998: (italics and bolding mine) ... a small-scale flaw in any computer anywhere can become an instant anxiety for economies everywhere. That is precisely the danger raised by an issue that you've been hearing a lot about here at this conference: the Year 2000 Problem. It's a policy area where Senator Bennett has shown true leadership. So let me begin my remarks today by adding the Commission's perspective, as we anticipate the final tick of the clock on December 31, 1999. We've all heard the breakdown scenarios about sudden computer failures and widespread corruption of computer programs. But I wonder whether most people truly grasp the enormity of the risks. Any company that neglects this looming problem is simply asking for trouble. If a firm is eventually hit by a Year 2000 breakdown, it will probably be put out of business -- not by the authority of any regulator, but by the power of the market itself. Preventing any significant Year 2000 disruptions must be a top priority. The Commission has been encouraging all the participants in our financial system to take swift and aggressive action. And it's not just the institutions that I'm concerned about. It's the investors who do business with them. A Year 2000 breakdown could do incalculable damage to investors' finances, and could undermine their confidence in our entire financial structure. To spur every part of our system into action, we have put America's securities industry on notice: Every financial organization that we regulate will be held accountable for preparing for the Year 2000. There will be zero tolerance for inaction. ... ... Full Speech Transcript can be found at: sec.gov