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

To: Richard S. Schoenstadt who wrote (24519)	11/5/1998 8:17:00 AM
From: Andrew Cooke	Respond to of 31646

RS: Thank you for your post. Are you a shareholder? Are you holding, or interested in, holding Tava as a Y2K momentum play at this time? Will you short Tava? If yes, when? Have you shorted it now? I still think there is solid price appreciation potential coming in next few months due in part to momentum and improved fundamentals. AC

To: Richard S. Schoenstadt who wrote (24519)	11/5/1998 9:06:00 AM
From: JDN	Read Replies (2) \| Respond to of 31646

Dear RS: The question was asked about the tax loss carryover. They pointed out it is difficult to calculate for the reasons they gave but finally said it is in the $9 million range so I guess it wont run out that quick. The small tax shown was state income taxes to which the loss doesnt pertain. As to their future growth, I wonder if you listened to the call at all?? Do you not remember for instance the discussion on the entry into the airport field and anticipated 20-25 million revenue there? Also what about the discussion they had on utilities and growth there? Also the VOLUME was UP this qtr not down but the RATES were down due to special deal with BM which is now ended. They see continuing increasing volume but at much higher rates going forward. There is so much more I could say but I think everyone on this thread should go to V.Call and read the transcript for themselves and make their own decisions. I am just sick and tired of these damn SHORTS coming on this thread and lying their f---g heads off. Sir, I would like to meet you personally!!! JDN

To: Richard S. Schoenstadt who wrote (24519)	11/5/1998 11:35:00 AM
From: Alastair McIntosh	Read Replies (1) \| Respond to of 31646

Richard; good post. I am out of TAVA at $6.50 before earnings. To fairly value TAVA you have to look beyond Y2K. TAVA's Y2K earnings are probably worth $0.50 to $1.00 per share. As a one time event Y2K earnings should be given a multiple of 1. After Y2K TAVA can expect reductions in both revenues and margins. They have no unique technology or expertise as systems integrators and are just another consulting firm among hundreds of others. I am guessing maximum annual earnings after Y2K in the range of $0.30/share. TAVA's share value after Y2K is probably $3.50 to $4.00 at best. Discount that to current value and you are in the $3.00 range for a fair value today. Other than as a momentum play, TAVA is certainly well above its long term value. Al