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

To: CalculatedRisk who wrote (20611)	7/14/1998 10:45:00 PM
From: Jack Zahran	Respond to of 31646

Thanks Bill, I appreciate the complement. However I can't take it graciously since I noticed some common errors that those who don't do their homework make: 1. The NMS approval you quote is just a high-level summary. The actual process is significantly more stringent. NASD tightened up their examination process after a few scams I believe three years ago. Company Financials and their core business performance are paramount to enter into the National Market System (NMS.) You are simply not up-to-date or maybe this area is not your area. I recommend you do what I did, actually speak to a licensed professional who had to take a company through the NASD process. 2. I'll have to check on that one as I don't currently trust your DD. However, if you are correct, I appreciate you pointing it out. 3. You are clearly not up with the chronological order of events. TAVA received FRB approval which qualified them for margin before they were approved for NMS. WHich means they were forced to pass the Federal Reserve Banks high standards to be able to borrow money against a security. Nothing negative to say about you personally Bill.