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

To: John Miz who wrote (23194)	9/14/1998 11:58:00 AM
From: JSI	Respond to of 31646

While it is difficult, at present, to fully quantify the overall cost of this work, the company estimates that the overall cost of remediation could approach $100 million over the 1998-1999 time frame. The company presently believes that it will not have a material effect on the company's current financial position or liquidity; however, in any given future reporting period such costs could have a material effect on results of operations. Through the second quarter of 1998, the company has incurred $9.3 million of remediation costs and expects substantial additional costs to be incurred in the third and fourth quarters of 1998. Wow! I wonder how much is for TAVA? 5%? 10%? 25%? more? JSI