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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (1526)7/15/1998 6:35:00 PM
From: Dennis C  Read Replies (1) | Respond to of 4634
 
The TAVA fraud continues its price decline.

TAVA is a fraudulent stock promotion scheme which has misled investors into believing
that the TAVA corporation has a "fix" for "embedded systems" Y2K bugs. TAVA
management and its stock promoters have grossly overestimated the size of their
potential markets and have generated a series of misleading press releases which give
the impression that "orders" = "revenue".

TAVA has recently refinanced a loan through the shady Sirrom Capital company for
$4,000,000. TAVA has pledged 100% of its assets for this loan despite the fact that it
sports a grossly overinflated market cap of over $200 million. TAVA has also massively
diluted its float through a series of convertible offerings and the exercise of warrants.

TAVA has never delivered a consistent earnings stream to its investors. Indeed,
TAVA's earnings have been steadily declining and its cash flow is alarmingly negative.

TAVA will soon trade in the low single digits.

I read this msg so many times and don't need it anymore.