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


To: AHM who wrote (22684)8/24/1998 10:59:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 31646
 
This thread sure has given Wexler a hell of a lot more credit than he is due. His impact is much less than that of the mgmt. The do nothing/say nothing/imply nothing over the past weeks have had much more to do with it. Add the market conditions of the same period and there is even less he could have done. Too many longs have there head in the sand or in their butt and refuse to put the blame where it belongs... on what TAVA can and cannot control. The law suit talk is tough if followed through. If that happens it will be the 1st mgmt action ever of any kind. They will have to have something to get it started -- and the gumption to see it through,,, another doubtful position. Radicals both long and short send potential investors on their way... most would take a radical shorts poisition and do DD for the facts,,, if any. Seeing radical longs that cannot read being baited by shorts leaves little to do DD with... It is in the potty!!!!! If you have enough faith --- hold,,, she will be back with or without Wexlars or JJs help.



To: AHM who wrote (22684)8/24/1998 11:13:00 PM
From: Robert T. Quasius  Read Replies (1) | Respond to of 31646
 
I don't have the specifics of any purported lawsuit against Mr. Wexler, but have read references both on this board, on yahoo, and in an interview with the CEO of TAVA.

It seems obvious from the following quotes from an interview with John Jenkins whom the individual is. I agree with Mr. Jenkins sentiments entirely. The entire interview can be found at tomorrowcast.com

"VR: You've got a lot of loyal individual investors who are feeling pretty beat up these last few weeks. Any message for them, John?

JJ: We sincerely appreciate the loyalty of our investors. Many of your readers were among the first to recognize the value of TAVA and our strategy even before the Y2K event. As said above, management believes that the prospects for the company are better than ever.

That said, I would like to address an issue which I believe is of great interest to a number of your readers. Over the past six to eight weeks our company has received numerous inquiries from its shareholders concerning certain internet chat room postings by a few individuals.

While management fully supports and understands the value of free exchange of information or opinions on the internet or in any other forum, it appears that certain individuals have abused this by mounting a calculated campaign of slander against the Company and management by posting inaccurate and inflammatory statements.

One individual in particular has been posting information that is absolutely false and adding statements that management believes should be prosecuted as libelous. As a result we have taken the decision to pursue all available remedies which include: requesting that select internet providers prohibit identified individuals from publishing libelous statements, per the licensing terms of the chat rooms, filing a complaint with the SEC's Division of Enforcement, and pursuing other direct legal action.

This is an unfortunate development but necessary given the circumstances."