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

To: CalculatedRisk who wrote (20494)	7/13/1998 4:05:00 AM
From: Bill Wexler	Respond to of 31646

I am downgrading TAVA... After careful review of TAVA's press releases, financial statements, IR activities, internet chatter, and doing a little additional snooping around I am now downgrading TAVA from... A suspected stock promotion fraud. to A full-fledged stock promotion fraud. Congratulations!

To: CalculatedRisk who wrote (20494)	7/13/1998 8:48:00 AM
From: JOHN IACOVACCI	Respond to of 31646

According to fortune article.... "Tava Technologies of Englewood, Colo., has one of the few software tools for automatically finding year 2000 errors in manufacturing's embedded systems. Among other things, Tava's program can read the "ladder logic" directing programmable logic controllers (PLCs). These simple, computerlike devices issue commands to factory equipment in the manner of a drill sergeant. Thousands of PLCs dot factory floors, and all have to be checked. Many embedded programs, however, can't be fixed at all because they are inscribed on silicon chips. In those cases, whole pieces of factory equipment, from time clocks to expensive computer numerically controlled (CNC) machine tools, have to be junked and replaced." It appears to me that finding problems, replacing problematic chips and re-testing new equipment for failure would in fact fix the year 2000 problems in factorys. Good week to short internets, bad week to short Y2K with Mr. Bill giving speech tomorrow.

To: CalculatedRisk who wrote (20494)	7/14/1998 12:18:00 AM
From: Bill Wexler	Read Replies (2) \| Respond to of 31646

The TAVA stock promotion fraud. Bill Regarding the "remediation" issue: You have hit upon one of the biggest reasons why I feel that TAVA management and stock promoters have deliberately misled investors. Read the last 10-Q, specifically, the comments regarding PlantY2KOne: <<The PlantY2KOne-TM- product suite includes a methodology designed specifically to address the manufacturing and process floor environment... ...The methodology includes assessment, analysis, planning and remediation phases... ...The final stage is to execute the remediation plan...>> Even though TAVA doesn't come right out and (falsely) claim that they handle the remediation, I get the distinct impression from this language that they imply they do. I think this language has been specifically designed to deceive investors. I also believe that the latest round of press releases about "orders" is also designed to mask their worsening financial condition.