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

To: John Mansfield who wrote (20566)	7/14/1998 3:15:00 PM
From: C.K. Houston	Read Replies (2) \| Respond to of 31646

SENATOR BOB BENNETT, CLINTON, CNBC & Y2K ============================================================ WOW! Bennett was BRUTALLY honest. CNBC was gonna talk about Clinton's Y2K speech for last 12 minutes of segment. Only mentioned a couple of points from Clinton's speech. But .. Bob Bennett was interviewed about 10 min. A forceful speaker. Big focus on embedded chips and infrastructure. I'm looking forward to CNBC transcript. Sure hope it becomes available. POSSIBILITIES: "Plants won't open" "Telephones won't work" "No power" "Supply Chain" (Small/mid-size business WAY behind) "Just-in-Time Inventory" "Most foreign countries FAR behind U.S." (With few exceptions.) When CNBC guy said, something like "Well it looks like Wall Street has everything under control and hasn't been running into any glitches with their current test ..." Bennetr said, "I doubt they haven't had any glitches." Said more, both pro & con. (I wasn't reassured. Wexler probably will be.) Here's some info I pulled together on Wall Street's current Y2K test: Message 5189785 Cheryl

To: John Mansfield who wrote (20566)	7/14/1998 3:36:00 PM
From: Kevin Podsiadlik	Read Replies (4) \| Respond to of 31646

I suppose the boldface on that last remark is directed at Mr. Wexler. While he can speak for himself, this is at least how I understand the situation on these boards. 1) Mr. Wexler does NOT deny that there is a Y2K problem, in that there is a commonly occurring bug that needs to be fixed in many computer programs, whether they be hardware or software. 2) What Mr. Wexler means when he refers to the "Y2K hoax" is the notion that companies, by and large will be unable to solve their Y2K problems, and that large segments of the economy are foredoomed to cease operating on 1/1/2000. Now the main areas of disagreement as I see them are: 1) The need of companies for outside services. Tava is claimed to have "no competition", but in fact they are competing with internal departments of every potential client. 2) The value of Tava's services. A lot of this stems from what exactly it is that Tava does, and there do seem to be conflicting reports as to what exactly Tava has to offer. A side issue on this comes from Clinton's speech (which despite all the chatter here appears to be a non-event WRT this stock's price), and the move for making Y2K info public domain. What will become of Tava's proprietary database should this happen? One article mentioned the idea of "preempting" this by voluntarily releasing the DB into the PD, but I do not understand how doing this is supposed to help Tava. 3) Tava's long-term prospects. From what I can tell, all hopes are being pinned on "carryover" relationships with Y2K clients. To be blunt about it, this seems tenuous at best. And if I, in giving this company the DD equivalent of a rectal exam, can be uncertain of the connection, what is the public at large, looking at dozens of other companies at the same time, supposed to think? Keep in mind that it is trendy, thanks to the cap gains structure, to think 18 months ahead. What will Tava have to offer 18 months from now? Two final thoughts, after which I plan to leave this thread alone for a while. Firstly, to John, who posts these Y2K tibits in such great volume: while all of this is of interest, why do these need to be posted to this specific board? (Why not, for example, ALYD as well?) There are a half dozen other boards that are more generic in nature. Surely your posts would be more on topic there. Secondly, a hypothetical question. Let's say Mr. Wexler is proven wrong, that the forecasts posted here do come to pass, and that in 1/1/2000 the lights go out and we are all plunged into turmoil. How will this help Tava? Will Tava be in a position to help to restore order, or will they be as helpless as everyone else? Good day to all.