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


To: big run who wrote (18718)6/18/1998 12:37:00 PM
From: Alastair McIntosh  Read Replies (3) | Respond to of 31646
 
big run - I think you have put your finger on the problem with TAVA's valuation.

"Buying from us alone seems not enough to boost TAVA."

this has been one of my points; if the institutions don't buy, who will???? most on this
and the yahoo thread believe that y2k earnings will attract the big boys; i don't. i believe
they are looking further down the road and right now tava's core business is still
questionable.


The Y2K earnings should only be given a multiple of 1 when evaluating a price per share. Let's be generous and say $1.00 in each of 1999 and 2000. This gives $2.00 per share (which should be discounted to present value). Their core business has not proved to be a money maker yet so it is hard to evaluate ($2.00 to $3.00?). I can't see a valuation of more that $5.00 for TAVA. However, that does not mean that it won't run higher on hype and speculation. In fact, I am counting on it before I short.

Al