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

To: Sonny52 who wrote (1639)	7/17/1998 4:41:00 PM
From: Bill Wexler	Respond to of 4634

The TAVA fraud continues its price decline. Despite a skyrocketing market, TAVA continues to weaken, and is now trading well off its all-time high. This isn't surprising since TAVA's current market cap is highly inflated realtive to any reasonable valuation metric and prospects for future earnings growth. TAVA's stock has been artificailly inflated as a result of a fraudulent stock promotion scheme - designed to mislead investors into believing that TAVA can somehow fix "Y2K bugs" in "embedded systems". This is absolutely false. TAVA has no unique technology that enables it to remediate Y2K problems. TAVA's main source of financing is through the sale of stock - mostly through warrants and convertibles at huge discounts to market. TAVA has been cash-flow negative for quite some time, and has a very spotty earnings history. TAVA's financial condition is so precarious, that it was recently forced to pledge 100% of its assets to obtain a high-interest loan from the notorious Sirrom Capital corp, (NYSE:SIR). TAVA also kicked in a large number of cheap warrants as a "sweetener". TAVA will soon trade in the low single digits.