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: Rick Bullotta who wrote (27367)2/2/1999 4:24:00 PM
From: david sosiak  Read Replies (1) | Respond to of 31646
 
Dear Rick, Thanks for your post, good point !!

Regards,
Dave

P.S.Have you seen what Tava has done for CMED,Up$1.00



To: Rick Bullotta who wrote (27367)2/2/1999 7:10:00 PM
From: Captain Jack  Respond to of 31646
 
Rick--- one step at a time--- just 8 would be great, then nine, then 9 1/2.... Hypsters paid by the MMs make me laugh <ggggggggg>.



To: Rick Bullotta who wrote (27367)2/2/1999 10:53:00 PM
From: Karl Drobnic  Read Replies (4) | Respond to of 31646
 
Actually, Rick, I think $22 is a fair long term price for TAVA considering the millions in profits TAVA will earn over the next 2-3 years. Recall that there are 25-26 million shares outstanding. So when TAVA has EPS of $1.00+ (see report of Sept., 1999), the real significance is multiplying the earnings by shares outstanding, and asking what TAVA will do with all that cash. I think TAVA will use the cash to make acquisitions, which should be accretive to earnings and bring in about $10 of yearly revenues for every $1 spent on acquisitions. Accretive acquistions made for cash will be anti-dilutive (same # of shares but more revenues and EPS). So it is easy to build a model that fairly values TAVA above $20/share given the torrent of cash JJ will soon have in the company coffers.