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


To: biffpincus who wrote (20052)7/7/1998 12:03:00 PM
From: JDN  Read Replies (3) | Respond to of 31646
 
Dear Biffpincus and ALL:
I suppose there are some frightened people out there today with this price action. So I am going to type here some other comments in the 6/5 update by Hannifen of their TAVA report.

TAVA has signed contracts for Y2K projects with over 60 companies, more than 10% of wyhich are in the FORTUNE 50.

12/31/97 Tava had Y2K commitments for 90 plants
3/31/98 Tava had Y2K commitments for 340 plants
6/5/98 Tava had Y2K commitments for 1,740 plants

...we remain comfortable that TAVA can generate revenue per plant site of at least $20,000 for Y2K tools and $20,000-$60,000 for Y2K services.

FOLKS, I copied this directly out of the Hanifen Research report dated 6/5. As you all know since then they signed Los Angeles County and who knows what all else. DONT PANIC!! This company has a huge amount of work in the till already. The problem as I see it is that NOBODY KNOWS about it. This too shall pass. JDN