SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (26708)1/17/1999 11:06:00 AM
From: Larry Brew  Read Replies (1) | Respond to of 31646
 
CJ, Sales are weak. 57 million annually. They need some good revenues
this quarter. PE of 50, PS of 3.1 and Book of 5.5. Price to cash
flow sucks at 26, a reflection of their current business. IMO a
buyout would probably be around 5 times book and made with cash
since in can't even muster up 100 million in sales. Fair value for
a buyout is probably not too far from current price. If they come
in with expected earnings, all the numbers change and could maybe
be sold in double digits.
Always remember, y2k is not their core business which many seem to
forget. IBM could care less about the core, and isn't in the chip
replacement business. I say no chance of a takeover anyway. They
just don't fit.
Larry
Larry



To: Captain Jack who wrote (26708)1/17/1999 11:40:00 AM
From: TEDennis  Read Replies (2) | Respond to of 31646
 
CJ: Re: IBM, COBOL, mainframes ....

You lost me. Why would IBM be interested in a TAVA buyout?

Glad to hear your weather has finally turned for the better.

Here, we get so accustomed to the sunny days that one of those rare days with wispy clouds is a real downer.

TED (he he he)