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


To: Captain Jack who wrote (26715)1/17/1999 1:18:00 PM
From: Manzanillo  Read Replies (2) | Respond to of 31646
 
Friday January 15, 10:31 am Eastern Time
Company Press Release
ADVISORY/Y2K Bug Effects South Florida Manufacturers
--(BUSINESS WIRE)--

Alarms have been sounded regarding the impact of the Y2K bug for banks and airlines, yet little attention has been focused on the unique impact manufacturing companies face with this infamous glitch. Manufacturers in South Florida face Y2K issues far beyond the personal computer calendar concerns. Major equipment and production line robotics in manufacturing plants are synchronized to date sensitive functions and without correction will open up the likelihood of severe safety liability litigation.

Ray Zentis, Director of the South Florida Manufacturing Technology Center discussed the timeline for South Florida Manufacturers, ''To discover the scope of these capital equipment problems in a small plant with under fifty employees is estimated at a minimum of two months. Actual repairs and fixes can double or triple the Y2K correction time.'' Zentis went on to say, ''Small manufacturers who think this issue can wait until this summer or fall could we be out of business by January 2000.'' >>

fmtc.org



To: Captain Jack who wrote (26715)1/17/1999 4:55:00 PM
From: david sosiak  Read Replies (2) | Respond to of 31646
 
Dear Captain Jack, Like TED said in his post to you,Tava has nothing to do with COBOL!!! Which kind of reflects what you know about Tava. Ironically,you shorts are little concerned about a buyout opportunity because of your positions. Now,as I tried to explain to you earlier, Tava has unlimited upside potential ,with unlimited revenue. However,
what makes Tava really attractive for Fortune 500 companies as they attempt to minimize their Y2K liability,companies like Tava would help significantly because they could actively demonstrate, especially if your one of those companies that were ultimately responsible for the problem in the first place, companies like Tava become strategic takeover targets but all together for different reasons you may think. The problems involving Y2K are growing and will not be fixed completely until 2003-5. The shorts, continue to reflect the lack of understanding and magnitude of Y2K and the excellent opportunities it presents for companies like Tava.
With Tava's P.E. dropping because of excellent earnings to be released in the area of 34 cents per share,we become extremely attractive as a buyout candidate!! Furthermore,why would J.J recently buy sooo many options ?? As you well know,options pay off big time during buyouts !!

Regards,
Dave

P.S. Capt. Jack don't you have something to tell us all ???