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


To: Techplayer who wrote (28555)2/20/1999 11:22:00 AM
From: Techplayer  Respond to of 31646
 
I saw this on the LU thread. Does this mean that TAVA is taking business from these companies or is the y2k contract $ going to be diminishing over the next 3 quarters, or is the slowdown simply more prevalent in the enterprise space? Realizing that TAVA works at the industrial level, are we less exposed to this slowdown since the problems HAVE to be fixed?

exerpt from Jim Seymour's column...

<<Dell's quarter may also be a warning to pending slowdowns in PC hardware sales, as companies throttle back information-technology capital spending to divert funds to Y2K remediation efforts.>>

<<I see forecasts such as this often these days. However, who is getting this y2k work? The service companies that I follow--KEA,CPWR,CHRZ--
have seen their percentage of revenues derived from y2k diminish from as high as 50% in previous quarters to as low as 10% in the most recent. As low as 7% predicted for next quarter.>>

I asked this exact same question, and got the following answer right out of the mouth of a project manager at one of the companies above. They stopped taking new Y2K projects a while back, and are wrapping up most of the Y2K projects they did have. Depending on the project, if companies had waited as late as Q3 98 to initially ask for help, KEA, CPWR, CHRZ, et al, didn't want the liability risk as they didn't feel that there was enough time to GUARANTEE the project could be done.




To: Techplayer who wrote (28555)2/20/1999 11:23:00 AM
From: Larry Brew  Read Replies (1) | Respond to of 31646
 
Brian, << determine dates and rates >> There may be, but I don't
know how. Maybe someone out here can help. I'd be interested myself.
I would guess during a couple of the bigger volume days. Think I'll
go look at the recent high volume dates and share price at those
times.
Larry



To: Techplayer who wrote (28555)2/20/1999 11:45:00 AM
From: Larry Brew  Read Replies (2) | Respond to of 31646
 
Brian, It looks like slow accumulation. A little history to go along.
Tava came alive around 7/97, then popped again in Feb 98. Some daily
volume in the several million range. As of lately. 1 million on
Dec. 31-98, -- almost 1 mil on 1/6/99, 870 thousand on 2/10/99.
The remaining for 99 is under 1/2 million each day. Slow accumulation is good if you want to acquire and keep a stock stable. Time to go
skiing. Later, Larry