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: Bill Wexler who wrote (27805)2/10/1999 6:06:00 PM
From: fma  Read Replies (1) | Respond to of 31646
 
Bill, round one goes to you. You are a formidable adversary. Believe you're wrong about Tava but respect your convictions and courage. Gullible maybe, but I chose it over cynical. fma



To: Bill Wexler who wrote (27805)2/10/1999 6:17:00 PM
From: bob  Read Replies (2) | Respond to of 31646
 
Wait till Sosiak shows up. (if he does). The post coming your way
will be worth paying to read. LOL!



To: Bill Wexler who wrote (27805)2/10/1999 7:06:00 PM
From: Bonzo  Read Replies (1) | Respond to of 31646
 
Wexler I'm almost sorry to say that I own one of the same stocks that you do: CompUsa. I've read some of your posts with regard to CPU and you seem knowledgeable, rationale, lucid and sensible. Then of course there is your (short) position on TAVA and your stock promotion/fraud postings in order to support your short. Explain to this board why you think that TAVA is a fraud with the following positive developments - otherwise you have no credibility and your integrity is questionable to say the least. I think I'll sell my CPU position tomorrow now that I know you own it.

Subject: Positive Developments
Date: 2/10/99 8:32 AM Pacific Standard Time
From: Bonzo3
Message-id: <19990210113204.15238.00000073@ng98.aol.com>

My focus right now is on the vast and positive opportunities that are driving TAVA's business right now. I'll let others point out the negatives - most of them have been quite obvious for some time and have already been deeply factored into the current price.
My positive comments from both earnings and the CC are as follows:

Earnings Release

> 51% sequential revenue increase to $29.887M from $19.802M in Q1
> 79% sequential earnings increase to .25 from .14 in Q1
> $4.744M from product/license fees - 39% sequential increase
> SG&A reduction to 26.2% from 28.9% in Q1
> TAVA/Beck Net Income of $467K = .02/share contribution
> 73% increase in Cash Balance to $7.505M from $4.348M in Q1
> Working Capital increase of 28% to $25.768M from $20.101M in Q1
> EBITDA increase to $7.340M a 49% sequential increase from $4.938M in Q1
> Shareholders Equity increase of 19% sequentially from Q1

Conference Call

> 4th consecutive quarter of profitability
> Higher average price per compliance report
> Headcount increase of 61 in Q to 626 including contract personnel
> Higher billing rates in Q2 over Q1 - $7M increase
> Acquisitions are being evaluated resulting in higher professional fees
> Active hiring for TAVA Consulting rapid expansion - from 15-100 by year end
> Accelerating extension of Y2K activity driving Core business opportunities
> TAVA is service based involved in new product development
> Mangan acquisition due to close end of Feb. - several more opportunities considered
> E-Commerce of PlantY2KOne software - new initiative
> Infrastructure improvements based on Oracle software implementation
> 2 offices online with Oracle implementation - remaining (12) offices complete by May
> 104K Unique Database Items - (foundation of E-Commerce Strategy)
> 10 Major clients have launched full-scale remediation activity
> 10 Major clients moving closer to remediation launch - (funding & scheduling)
> TAVA has signed a contract with the USPS - Products, Services, Support
> TAVA has signed a contract with MIT - Mass. Institute of Technology - Labs & Power Plants
> TAVA has a contract with a major Pharmaceutical - supporting 47 plants - selected over 3 other SI's
> Birmingham office headcount now at 50 - (last year at start up they had 5-8).
> Houston office headcount now at 25 (last year at start-up they had 5-8).
> TAVA's Airport Operations business is expanding into: Minneapolis, SanDiego, HongKong (negotiations continue)
> TAVA is developing Advanced Web object-based SW modules to support Core Systems and TAVA Consulting growth
> TAVA's Web based software will be an Asset Management Product
> TAVA is in the process of qualifying vendors for their new Web based initiative
> TAVA Consulting started with 5 employees in Sept. 98 - presently 15 and plans growth to 100 by year end
> TAVA Consulting (Advanced Planning/Scheduling) competing in a market projected to grow to $50B by 2002 from $11B in 1997.
> European Y2K activity is 3-4 months behind US - Asia and S. Amercia are approx. 6 months behind.
> Large scale European company working with TAVA - Significant business with Y2K leading to SI opportunities
> This European company is Groupe Schneider
> TAVA/Beck is chartered for Y2K only business - Discussions underway to revise charter to include post Y2K SI opportunities
> TAVA/Beck LLC opportunities in the Utility business are driven by De-regulation and include SI and Sub-station Automation




To: Bill Wexler who wrote (27805)2/10/1999 7:44:00 PM
From: Pierre Mondieu  Read Replies (1) | Respond to of 31646
 
Still crazy after all these months...



To: Bill Wexler who wrote (27805)2/11/1999 12:44:00 AM
From: Runner  Respond to of 31646
 
He's back!!

Wexler where have you been? If you had been here for the last week all us longs could have blamed you for this disaster!

I heard you were sued, needed a group of lawyers and were hiding out. And here you are.

TAVA drops like a lead foot and all I can blame is the CEO and stock dilution.( I actually thought the earnings were great), but with our wonderful lack of press coverage, who cares?

Who knows? Not anyone with money to buy more TAVA stock. Hope you raise my blood pressure with some of your patented crap. I am tired of getting angry at TAVAs' crappy management!

Runner