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


To: eleebee who wrote (23824)10/7/1998 9:34:00 PM
From: Bald Man from Mars  Respond to of 31646
 
Mark, send me an alert when you decide to step in ...



To: eleebee who wrote (23824)10/8/1998 12:22:00 AM
From: Captain Jack  Read Replies (1) | Respond to of 31646
 
Mark --- look round,, there are companies that made big bucks last year expecting the same trading with a P/E of 1 - 2. It will take a miracle for TAVA to make .75 with companies stock prices falling so badly even if mgmt was capable. A P/E of 10 possibly on last years eps is where TAVA will trade indicating we will need a year min for that kind of a rebound IF (which is unlikely) the economy turns unless there is fast, hard assistance from the FED and others in this country.



To: eleebee who wrote (23824)10/8/1998 9:58:00 AM
From: Rick Bullotta  Read Replies (1) | Respond to of 31646
 
TAVA probably cannot command such a high P/E as you have suggested without a "vapor trail" of past good earnings and a multi-year forecast of continued good earnings and revenue growth. Neither is the case. Also, if TAVA comes in at $0.11 vs $0.15, as you've suggested, you'll see $2 before you see $10. There will be little tolerance for missing the (already reduced) FY 1999 estimates. It's put up or shut up time.