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

To: USRX888 who wrote (23642)	9/29/1998 6:01:00 PM
From: Jack Zahran	Read Replies (2) \| Respond to of 31646

The problem we have here is a difference in perspectives. I'm not looking at every day movement. I like the fact that the stock did not tank (hows that for an optimist) which tells me there are still buyers out there and that this stock is not full of simply momentum players. My outlook from the start was to keep this as a long-term investment. I believe the company has been executing on its strategy and I am glad that they took advantage of the Y2K event to clean up their books. To me the core TAVA business which includes supply chain management and now higher-level consulting puts them in a position to capitalize on a large and longer term market than Y2K. TAVA has been reducing their hardware sales business and concentrating on the higher margin services business. The initial effect was only a misleading delay in their top-line growth, but positive for their cashflow. Capitalizing BeverageOne this past quarter may have hurt earnings by .01 cent but it helped their cash position. (They listened to their accountant, shame on them.) I believe their post Y2K business will be very strong and their future acquisitions will be accretive to earnings. Altogether this company will quickly grow its yearly sales beyond the $110 Mil market cap it currently is trading at. So, in my opinion it's under-valued in the long-term and remains a stock that I will be managing within my long-term portfolio.