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


To: Alastair McIntosh who wrote (19819)6/30/1998 11:44:00 AM
From: CYBERKEN  Read Replies (1) | Respond to of 31646
 
<<1. All companies must fix their embedded systems by the year 2000 or go
out of business.

2. TAVA is the only company that can perform this fix. There is no
competition.

3. After the year 2000 TAVA will have leveraged itself from its Y2K business
into a systems integrator producing profits of $25,000,000 annually.>>

Glad to see you remembered and re-posted. IBM was a "cult" stock for most of the 20th century. Wish I had been around to buy it at 9 and change!



To: Alastair McIntosh who wrote (19819)6/30/1998 12:00:00 PM
From: gamesmistress  Respond to of 31646
 
>>I don't think that you will get much of a discussion about financial
>>statements involving negative cash flows or lack of earnings from the longs on
>>this thread. TAVA is a "cult" stock and such discussions don't sit well with members.

No one is going to accuse you of too much impartiality and balanced judgment, either. :-).

As for the problems you perceive with the Cash Flows statement, would you please go into more detail? I read your post, Rick Bullota's and JDN's on the subject, and examined the statement myself, as well as the 4 year Revenue statement. I still don't see your problem. Rick pointed out the upside in the changes in the A/R, A/P and Billings in excess of costs numbers. Do you agree or disagree with him?

Also, you highlighted the revenue numbers for March 98 and 97. If your point is that there was very little increase, my point is that March 97 revenue was unusually high due to an IBM contract, as TAVA has stated. As I look at all the monthly and yearly revenue figures, I see a steady increase overall, with 1 quarterly blip (either up or down) per year. As for FY 1998, TAVA has been spending tons on developing their Y2K products and services, which are just now starting to earn revenue. What do you see?