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: jan m. who wrote (17519)	5/22/1998 11:20:00 AM
From: John Mansfield	Read Replies (1) \| Respond to of 31646

'Reno, who clearly has been thinking about Y2K recently, then briefed reporters on the problems of date-sensitive hardware in places like medical devices' 'Today's News News: 5/21/98 by Jonathan Gregg May 21, 1998 I Am a Convict on a Y2K Gang Janet Reno may not use a computer herself, but this morning she warned that embedded microprocessors may crash on 1-1-00. During her weekly media briefing, a reporter suggested settling the Microsoft antitrust case so Bill Gates "and his crack staff can solve the Year 2000" problem. Replied the attorney general: "I am not sure that in exchange for the 2000 solution is the way to do it, but it's innovative." Reno, who clearly has been thinking about Y2K recently, then briefed reporters on the problems of date-sensitive hardware in places like medical devices -- and electric power plants. "One of the big problems in the Year 2000 glitch is that so many processes that we may not be aware of rely on computers, have an embedded chip that times what they do. And trying to find all the embedded chips is very difficult." Not to mention fixing them all in ... cgi.pathfinder.com

To: jan m. who wrote (17519)	5/22/1998 1:29:00 PM
From: Karl Drobnic	Read Replies (5) \| Respond to of 31646

A lot of damage has been done to Tava's reputation as an investment. Where this hurts Tava directly is in their acquisition strategy, since Tava has historically used stock to acquire cash-troubled companies with good base businesses. So it is in Tava's best interests to take the recent pounding very seriously and work to understand how Wall St. digests information. They need to get out of the Little League fund mentality and into the Wall St. brokerage loop. If Tava addresses this challenge, the damage can be repaired quickly. Otherwise, we're likely to drift in the short term, with rally attempts thwarted by those who bought in the $11-$15 range selling out - the "back to even, sell" syndrome.