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


To: Mr. Pink who wrote (18316)6/15/1998 7:43:00 AM
From: crc  Read Replies (1) | Respond to of 31646
 
To all,

Perhaps a review of some facts are in order:

Tava's Current Ratio as of 3/31/98 = 2.69
(current ratio = current assets/current liabilities)

Tava's Quick Ratio as of 3/31/98 = 1.80
(quick ratio = cash + marketable securities + accounts receivable/current liabilites)

As of 3/31/98, Tava's cash and receivables alone exceeded Tava's combined current and long term liabilities. Please remember all of these numbers are before the 12.5 million Tava booked in May alone. In my opinion, Tava's balance sheet is not a problem folks.

Chris



To: Mr. Pink who wrote (18316)6/15/1998 9:25:00 AM
From: david sosiak  Read Replies (1) | Respond to of 31646
 
Dear Mr.Pink, Sorry; I did not respond to your post earlier,as I was away. Seems weird responding to someone named Pink,now is that your real name or what??Anyway we have dealt with your kind before on this post,so post away my friend.But please post facts not your typical short nonsense.Now,as it always happens their are more than one of you who try to post your short nonsense which is easy to recognize but maybe harder for "newbies" to this thread.I know how much you want to save us poor misguided investors on this thread but spare us,please we've heard it all before.Maybe you should contact all the CEO's of all the Fortune 500 companies who have contracted with Tava,just 12.5 million dollars last month alone.You see these are the companies driving Tava up.If you like I can provide e-mail addresses for most.Finally,I use a simple systematic approach to people like you.I print all of your posts and those of your colleauges,each day.I photocopy them and send them to various people,like the SEC,Investigations Branch,your familiar with them aren't you Mr.Pink??
for their information and file,so post away my friend,but just the facts,please.....

Regards,
Dave



To: Mr. Pink who wrote (18316)6/17/1998 3:45:00 AM
From: Doug R  Read Replies (1) | Respond to of 31646
 
pinkster,

Let's assume that TAVA knew that $4 million was exactly what it needed at the time to get their business plan into such a position that there would be no stopping them afterwards. That's exactly what you're missing here. The pledge and the warrants and the interest rate will end up being totally inconsequential. $4 million is a very tiny amount of money. If this one loan is what you're own DD amounts to, yikes!!!
I believe this answers your question. Now you'll have to find some other smoking gun. Make sure it's not the water pistol you have now.

How's that short position on ACRT you established at $11 coming along?

Doug R