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

To: JDN who wrote (23727)	10/2/1998 12:27:00 PM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 31646

is today the day this dog finally turns around ???

To: JDN who wrote (23727)	10/2/1998 1:40:00 PM
From: Rick Bullotta	Read Replies (2) \| Respond to of 31646

Not sure what spot in the 10K you're talking about. Read the whole thing. Search it for the word "train" and there's nothing at all related to what you've suggested is in there...can you be more specific? Here's the only personnel reference of significance I found... TAVA's future success will depend in large part on its ability to continue to attract and retain highly-skilled technical and management personnel. The competition for such personnel is intense. There can be no assurance that the Company will continue to attract and retain personnel necessary for the development of its business. There was also something about training people on the new accounting system...<g> One item that I think most investors might want to look at and analyze is the section that discusses changes in gross margin. Here, TAVA mgmt reaffirms what I've been saying in that the current and next 12-15 months profitability picture is a temporary situation, and that margins in their core business are and will be much lower than those associated with the Y2K-oriented business mix. Probable impact of this, based on their (conservative) 5% differential figure, and a runrate of $100MM in 2000 and beyond, is a $0.25 reduction in annual EPS. These factors may be working to keep the stock price down. If TAVA had begun posting Y2K-related profits much earlier, perhaps in the middle of FY98 instead of the end, I believe that this effect would be significant lessened. However, the delays in ramp up, along with the general malaise in the markets are forcing investors to be a bit more critical. TAVA is a good investment at $4 and change. I value it as a $6-8 stock. It may well spike past that for a while, but either way, it seems like a good investment at current prices. Approaching $6, it becomes a bit riskier.