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


To: John Mansfield who wrote (28063)2/14/1999 8:12:00 AM
From: Ron M  Read Replies (3) | Respond to of 31646
 
TAVA mentioned 7 times in front page story of Milwaukee Journal-Sentinel. It does not appear to be based on any TAVA release but on a reporter digging for the info.

An excerpt of the story follows:

Tava Technologies, a Colorado software and consulting firm that
specializes in assessment and repair of plant Y2K problems, says that in
its experience at more than 400 sites, it has "yet to find a single site that
did not require some degree of remediation (repairs)."

At a pharmaceutical firm with operations in 39 countries, for example,
Tava found 4,457 embedded processors in the laboratory equipment and
manufacturing facilities of one location.

Based on an inventory it conducted, 18% of the items were not Y2K
compliant and 17% could cause a plant shutdown or affect production.

"The chance of these systems failing was 70% for the lab and 80% for
manufacturing and facilities," says Bill Heerman of Tava's Denver office.

Tava estimated that it would take 39 weeks to inventory and analyze the
firm's 125 plants at a cost of $11.5 million. The fix would take another 31
weeks and cost $54.8 million.

The full story: jsonline.com