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


To: Bill Wexler who wrote (19857)7/1/1998 6:40:00 AM
From: STLMD  Respond to of 31646
 
Bill and Bill, I post infrequently but do consider myself in the TAVAZOID camp(if that defines one who is long). You are absolutely correct that TAVA is burning cash at an incredible rate and this must leave you salivating as a great short target.

The question here is not "shady accounting practices" or similar cliches from both of you in order to shake the doubts of the longs, but what potential revenues will be generated to enable TAVA to profit handsomely, acquire new businesses nationally and internationally over the next three or so years.

Per the last CC(with TAVA legal attending personally) JJ and Kelsall promoted the "follow the money" trail and stated that most of the bookings(I assume most equates with greater than 50%) yield eight times that amount in remediation costs. So if one looks at end of March backlog of 21.5 million, and bookings of MAy of 12.5 million, then TAVA has publicly and in front of counsel stated that this will translate (given the 50% interpretation) into 136 million in revenue over their projected time frame of 12-15 months for work done, NOT including the 1200 multi plant site work.

There's the picture. Your interpretation of the 10 Q and accounting practices are appreciated since I am far from an expert in this field, but I am looking for revenues which will crush any doubts. If we get 12-13 million for the quarter just ended then I will be significantly disappointed and wonder where all this eight times scenario is hiding.

The CC statements in front of counsel, if false or misleading, would be prime evidence for action against the directors of the company. I for one do not believe for a moment that counsel would allow them to make such a bold statement if it weren't conservative and true. Time will tell. Cash is burning. I agree. I also believe that cash is being unloaded at the front door in an exponentially growing rate. Good Investing! You guys are good at what you do and provide this overworked doc a few light and informative moments when I awake each morning. Thanks, Stephen



To: Bill Wexler who wrote (19857)7/1/1998 9:12:00 AM
From: david sosiak  Read Replies (1) | Respond to of 31646
 
Dear Wex'y,C.R., You can usually tell by the number of your posts and
their ridiculous tone,Tava will be moving up-SOON!!!
First of all,nothing in your post are true or in anyway accurate.Your negative hype is really transparent,c'mon boys,give us poor Tava longs a break already!!!!
Now,maybe I could give you some new ways of attacking Tava and the Y2K
problem.I would be contacting the CEO's of these Fortune 500 companies who are signing multi-million dollar contracts with Tava,and just tell them how wrong they are for putting their companies future's in Tava's hands.
Secondly,because you shorts just don't get it,I would be sending out the alarm on the COKE THREAD here on S.I.,telling the long time investors on that thread that their CEO is wasting copporate dollars to fix their non-existant Y2K problem and their using Tava to help them overcome their non-existant problems.
I'll be monitoring the Coke thread to see how many posts you place over there.Since you want to save all investors,I would imagine you can save Coke Investors from making a terrible mistake and if they only listened to you guys you could reassure them that Y2K is a hoax while your at it!! LOL!!!!

P.S. On a more serious note,though,how are you compensated for writing
all this nonsense you write,i.e.per post,per month,please let us all know.Can you also inform us,as to what Hedge Fund you represent.It just makes the gathering of information about you guys easier!!