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

To: John Howell who wrote (21095)	7/25/1998 11:56:00 AM
From: simarx	Read Replies (2) \| Respond to of 31646

Where in the financials do you see weakness? From the DD I have done so far it looks like the company has never been stronger. The more I look, the better it gets. I'm still doing my DD on this one however...

To: John Howell who wrote (21095)	7/25/1998 12:17:00 PM
From: simarx	Respond to of 31646

--> Bad Financial Trouble???? Where do you get that? (Your statement seems to apply more to June 1997 than to June 1998) As a result of these transactions and arrangements, the Company's cash position has increased by $5,224,000 since June 30, 1997 and its working capital has increased from $168,000 at June 30, 1997 to $15,767,000 at March 31, 1998. Management believes that its current cash position and the anticipated receipts from both its core business and its year 2000 activities will be sufficient to meet its working capital needs for the foreseeable future. sec.yahoo.com

To: John Howell who wrote (21095)	7/25/1998 12:18:00 PM
From: Hawkmoon	Read Replies (3) \| Respond to of 31646

My contention is that even if TAVA does show earnings it won't be nearly enough to justify the current stock value. Like ZITL they have bet their future on a market that goes away in about 10 months. Yes, a straw man argument. This company had less than half as many personnel as today. I wager that it will have twice to three times as many by 2000, each of them billing hours. And how you have the gall to compare a "silver-bullet" company like Zitel to TAVA is incredible. TAVA is a consulting firm that will utilize Y2K to boost its core business relationships as 2000 passes by. And based upon the increased revenues derived from Y2K work they will have the necessary staffing available to address larger clientele. And as for KEA, that company has been under family control since 1968. TAVA/TPRO recently underwent a complete management overhaul aimed at expanding the business through the Y2K event. This has been a proven concept as shown by KEA, CSC, CHRZ, IMRS... etc. The only difference is that these companies are larger and thus able to handle larger clientele. KEA currently has 66 million shares outstanding and trades at $53/share. That have contracts with over 500 clients(I've lost count) and show wonderful earnings. TAVA has over 100 contracts with their Fortune 500 clients and while smaller, no doubt will profit greatly from those relationships just as KEA has from its IT consultancy. And John, why would these firms have given TAVA the time of day, let alone MASTER CONSULTING AGREEMENTS IF they hadn't felt there were value to this relationship?? Where in these agreements do you see any evidence that their will not be a continuing relationship in the core business?? You don't. You use supposition and innuendo to sustain your argument, while TAVA has the presence of its press releases and the quality of those engagements to support how it is implementing is business plan. No. TAVA is not overvalued given forward earnings projections. And NO, your argument that business will wane is not substantiated by the evidence being presented. But that's alright, knocking the price of the stock down will only solidify shareholdership among those who grab their shares at these reduced prices and shake out the weak sisters. Then you will all cover your short positions and ride it back upward. John, I don't wish to be derogatory with regards to your ability to analyze and assess a company, but please don't use the BS argument that business will suddenly dry up to nothing after Y2K. Companies are constantly upgrading their systems to improve efficiencies and profitability. TAVA has shown talent in this area in the past and will utilize the credibility they gain from Y2K to expand those opportunities years from now. To say otherwise is foolish, the height of idiocy, and frankly, quite deceptive. And certainly, based upon this style of analysis you show, EACH AND EVERY stock in this current "market of stocks" is GROSSLY OVERVALUED based upon the Asian Crisis, earnings decrease, and the threat of disruptions from Y2K. Why? Quite simply because there is no evidence that there WON'T be disuption of the global economy due to the Y2K glitch. Regards, Ron

To: John Howell who wrote (21095)	7/25/1998 2:29:00 PM
From: JBH	Respond to of 31646

If we are going to compare TAVA...let's compare TAVA to a company like ALYD...NOT ZITL. ALYD trades in a 15-17 price range right now, has fairly close to the same amount of shares outstanding (TAVA probably has more in the float) ALYD 17mil TAVA 23mil ALYD As of the last 10q, for the first time began to show a profit which increased substantially, showing signs of increasing profitability through thier yr2k efforts. TAVA for the first time, last quarter is showing a profit and all indications are this will increase substantially in future quarters. As of last 10q: ALYD 8,500,000 approx revenues TAVA 11,667,000 approx revenues ALYD 23,000,000 approx asset valuation TAVA 39,800,000 approx asset valuation ALYD cash approx 1,531,000 TAVA cash approx 6,000,000 ALYD liabilities approx 4,800,000 TAVA liabilities approx 9,624,000 NOT that much difference in those areas in my mind TAVA's cash did not come from operating activities this last quarter. In fact show negative cash flow. I think this can be partially mitigated, when comparing ALYD to TAVA in the fact that, as far as I can tell ALYD has not the core systems integration position that TAVA has and will not be positioned as well for the future as TAVA without making the acquisitions necessary to do so plus the fact that we expect TAVA's negative cash flow situation to improve substantially in the near future. I also am not sure that ALYD is as aggressive in the imbedded chip area or as adept in the manufacturing floor area as TAVA. The only thing ALYD may have that exceeds TAVA in the Yr2k software area would be the language issue in their software which has allowed them to expand globally. I would guess TAVA is right on their tail but may infact have enough work right here at home or in countries which they wouldn't need to address the language barrier. We are in a "show me the money" phase. No doubt. Good news! My guess is of the 5,000,000 approx exercised warrants, most have sold and we are now dealing with nothing more than a concerted effort by the shorts to get thier last remaining buck or two out of the stock. I have seen this concerted effort in the trading. The first was on a day about three or four weeks ago at precisely 2:30 in the afternoon the selling came from nowhere, for no reason...this has continued off and on over the last few weeks and has usually happenned at an exact hourly or half hour interval. This is just my opinion of course but I believe it to be true. The intial selling pressure from the people who decided to lock in profits from their newly found common shares started this thing and the shorts have decide to finish it off. Bottom line....I believe TAVA should be and will be trading right behind ALYD very soon. Open to any thoughts, John