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


To: baggo who wrote (18211)6/12/1998 11:41:00 AM
From: Rick Bullotta  Respond to of 31646
 
Personally, I thought the white paper started out OK, but quickly dove into WAY too much techno-jargon, and lots of wasted pages on detailed examples of non-compliant hardware. One thing it does is validate my opinion that TAVA is focused squarely on plant floor automation systems, and not medical devices and the like, nor on specialty embedded systems (contrary to the perceptions of some on this forum).

As far as freeing up money for TAVA, I wish I could, but we'll be putting an offer in on a new home this week, so cash is a precious commodity (of course, the wife will tell me we need new carpet, paint, and on and on...<g>). For now, I'm just day-trading MANU, ORCL, and USDC. The new business is going well, and we'll be pulling off a very significant licensing deal shortly, so I'm excited about our progress so far.

If, in terms of core business, you're talking about normal automation project work, I'd guess that they're on about a 25-30 million a year clip. Same scenario as Y2K, though, in that if they don't have the bodies to bill hours or make progress on the projects, no revenues can be recognized.

Cheers!