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

To: Captain Jack who wrote (24064)	10/21/1998 9:22:00 AM
From: JDN	Read Replies (3) \| Respond to of 31646

Dear John and All: OK--here is the release John first reported: TAVA Technologies, Inc. Receives Record Year 2000 Bookings in First Quarter Fiscal 1999 ENGLEWOOD, Oct. 21 /PRNewswire/ -- TAVA Technologies, Inc. (Nasdaq: TAVA) a global supplier of automation and information technology solutions for industry, announced today that in the first quarter of its fiscal 1999, ending September 30, 1998, it had received new orders for its Y2k products and services in total amount exceeding $26,000,000. Order values include, PlantY2k One(TM) CD-ROM purchases, estimated compliance database reports, estimated Y2k inventory, assessment and remediation services and training. Typical order execution cycles range from 90 to 180 days. John Jenkins CEO said, "We are pleased with this record order intake quarter for the company's Y2k practice. Our domestic opportunities continue to grow and we are beginning to get the first Y2k orders from our international efforts." Jenkins added, "We also have great expectations from our newly announced relationship with Unisys." ______________________________________________________ These are ORDERS not necessarily REVENUE AT THIS TIME. Notice the cycles range from 90 - 180 days. So we are STILL in the dark IMHO as to what the revenue will be THIS qtr 9/30/98. IF we knew the current backlog at 9/30 we could possibly make some guestimates by taking beginning backlog adding orders and deducting ending backlog. However, this is good news. I am going from memory and seem remember that orders last qtr were about 18MM or so. If I am right than order rate is increasing!! JDN