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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (12143)	7/1/1998 2:37:00 PM
From: gamesmistress	Read Replies (1) \| Respond to of 13949

Bill, why do you say "sales of [TAVA's]PlantY2KOne have been terrible." ? According to this June 3rd press release, TAVA booked $12.5 million for Plant Y2kOneT software tools and services in May, when their most recent quarterly revenues have been about $11 million. As far as I know there is no public info available about June bookings. True, bookings are not yet revenue, but it looks like sales of PlantY2KOne are picking up. June 3rd 1998 - Englewood, Co. - TAVA Technologies Inc. (NASDAQ: TAVA) a leading provider of automation and information technology solutions for industry, announced today that it achieved record bookings for its Plant Y2kOneT products and services in May. New orders for Plant Y2kOneT software tools and services came to more than $12,500,000 for the month and include licenses of the company's methodology, database access fees and project services. The orders in May spanned 24 clients in industries including: automotive, food processing, chemicals, refining, pulp and paper, and mining and mineral processing. Scheduled execution and resulting revenue recognition varies by client and specific product services combination.