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

To: James Strauss who wrote (27670)	2/9/1999 6:08:00 PM
From: Frank Brisebois	Read Replies (1) \| Respond to of 31646

ALL: How the heck can we get the word out, when TAVA has almost non-existant PR?? This all mind boggling <gggggg> Frank

To: James Strauss who wrote (27670)	2/9/1999 6:27:00 PM
From: Jim Mac	Read Replies (1) \| Respond to of 31646

From June98Q earnings release: "Eleven of the company's clients are now engaged in some remediation activity, with others very close to that stage. For current clients that have progressed far enough in assessment for us to make a reasoned calculation, we estimate the total costs of those remediation projects at more than $150,000,000. It is clear that all clients will not complete their remediation projects prior to December 31, 1999. We do not expect that the company will execute all of the estimated remediation project activity. The company continues to experience core business opportunity growth from its Y2K activity. As an example, at one particular client, TAVA had previously done work in 10 of their facilities in the U.S. We now forecast that in the course of the next 14 months, we will work in between 100 and 150 of their U.S. facilities. All of these facilities are potential purchasers of TAVA's non-Y2K products and services. This example is repeated many times across the scope of our Y2K business base." If it's true that Dec98Q forecasts for remediation work are $15-50M for EACH of 18 current clients, that's between $270,000,000 and $900,000,000 of potential remediation work. Assuming TAVA does ONLY 10% of that work, that's $27M to $90M of possible backlog for CURRENT client base, not counting international which is further behind. Mean of $59M, or $15M per Q on top of baseline. Virtually all Y2K work so far has been inventory/assessment, and remediation work for clients is now kicking in, with follow-on core business to follow. This Y2K has REALLY kick-started TAVA's core business opportunities. CY1999 looks GREAT! Many of these clients are likely to keep TAVA on for core IT projects since TAVA will know their systems so well.