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


To: rob I who wrote (17973)6/4/1998 9:04:00 AM
From: Brewmeister  Respond to of 31646
 
rob 1,
During CC, Tava indicated clients are skipping pilot programs and moving into full assessment. Full assessment dollars can then multiply significantly via the remediation effort.

Since they can only book what they see, bookings should, for the most part, reflect assessment business. the exception would be where they have started implementing and billing remediation.

Note - in the CC, they expected to book 8 to 10 M. They did 12.5M. Not bad. However, I don't know if I would expect this every month, and, it is likely this 12.5M will be billed over a number of months, likely beyond one quarter.

This is why they make the statement
"Scheduled execution and resulting revenue recognition varies by client and specific product services combination."

Still, awful damn good (IMHO).
Regards,
Dan