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

To: JDN who wrote (19186)	6/25/1998 1:00:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 31646

JDN: You bring up an excellent point regarding bookings... Bookings precede Revenues... The higher the bookings the higher the Revenues to come... They are a leading indicator... With bookings rising Revenues should rise... An accumulation of Bookings increases month after month should lead to a stream of increasing Revenue increases as the work for those bookings progresses... Revenues are received during the pilot and remediation process... TAVA doesn't have to wait until the the work is completed to begin receiving Revenues... I'm sure they bill work in progress... So, Revenues are not that far off from bookings... Jim