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To: STEAMROLLER who wrote (1070)7/28/1998 8:59:00 AM
From: kfdkfd  Read Replies (1) | Respond to of 119973
 
Tava another contract
TAVA Technologies Signs Year 2000 Master Consulting Agreement With Chevron
ENGLEWOOD, Colo., July 28 /PRNewswire/ -- TAVA Technologies (Nasdaq: TAVA - news) a leading provider of automation and information technology solutions to industry, today announced that it has executed a Year 2000 Master Services Contract with Chevron Products Company (NYSE: CHV - news) that covers the terms and conditions by which Chevron facilities around the world can purchase TAVA Y2K products and services. Every Chevron owned company or affiliate will be eligible to participate in this comprehensive program to inventory and audit embedded systems, determine the degree of compliance for Y2K and prepare programs for the necessary remediation. The new contract is the result of a successful Y2K pilot project completed earlier this year. Work has already begun at Chevron's Richmond, California refinery, the Salt Lake City, Utah Refinery and the Chevron Chemical plant in Orange, Texas.

John Jenkins, CEO of TAVA said, ''We are extremely pleased to receive this Master Contract and subsequent award of business from Chevron. It is further indication of industry endorsement of TAVA's field proven methodology for Y2K assessment and remediation services.''

TAVA (www.tavatech.com) provides factory automation and control systems integration helping clients in manufacturing and process industries integrate their processes, applications, hardware and software into seamless manufacturing enterprises. Located in 14 regional offices throughout the U.S., TAVA has a staff more than 480.

Statements made in this Press Release that are not historical or current facts are ''forward looking statements'' made pursuant to the safe harbor provisions of federal securities laws. Forward-looking statements represent management's best judgment as to what may occur in the future, but are subject to certain risks and uncertainties that could cause actual results and events to differ materially from those presently anticipated or projected. Such factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, failure to integrate operations of recently acquired subsidiaries and failure to capitalize upon access of new clientele. Specific risks and uncertainties which may affect forward-looking statements about the Company's Plant Y2K One(TM) business and prospects include the possibility that a competitor will develop a more comprehensive or less expensive Y2K solution, and delays in market awareness of Tava and its product and service solutions. These factors and others are discussed in the ''Management's Discussion and Analysis'' section of the Company's Annual Report on Form 10-KSB for the fiscal year ended June 30, 1997, to which reference should be made.

SOURCE: TAVA Technologies, Inc.

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To: STEAMROLLER who wrote (1070)7/28/1998 10:28:00 AM
From: DebtBomb  Read Replies (1) | Respond to of 119973
 
ONSL is going to pop, and here's why:

Weaver Research, that's me, is issuing a strong buy on ONSL. ONSL should show revenue of about 50 million for the
quarter, an increase of about 300% over same qtr. last year and about a 25% gain over last qtr.of 40 million. They are
to release earnings after the bell today, about 2 1/2 weeks earlier than normal. Weaver Research believes that the
consensus estimate will be beat, and furthermore believes that ONSL is close to becoming profitable. Needham and
Co. recently initiated coverage with a strong buy rating and a 6-12 month price target of $82.00 per share. To add fuel
to the fire, ONSL has about 2.8 million shares of it's 6.2 million share float shorted, almost half of the float is short sold.
Weaver Research is recommending the purchase of ONSL with a one week price target of $40.00 and a one year
price target of $100.00.

Disclaimer: Investing in securities contains some risk. This is not a
solicitation to purchase or sell the aforementioned security. Weaver
research may at times hold a long or short position in recommended
securities. Weaver research is in no way affiliated with recommended
securities, and has not been compensated in any way, by anyone, for any
such security buy or sell recommendation.