To: david sosiak who wrote (29474 ) 3/12/1999 9:36:00 AM From: threadneedler Read Replies (1) | Respond to of 31646
Dear david sosiak: I know precisely what TAVA does in the area of IT solutions, control systems, factory automation, supposed forays into E-commerce, consulting, et al. The obvious problem is, pre-Y2k, they didn't do it very successfully, economically, and currently, they're not doing much of it at all...70/30, Y2k to core business. JJ continues to make vague references to post-Y2k business models...with no numbers, no projections, nothing that the street can hang it's hat on. I'm on the board of a local hospital, and believe me when I say, some institutions, especially in rural areas, are going to face serious, and potentially deadly, Y2k shortfalls, come 2000. What is happening with the alliance with BioMedY2k? If TAVA has structured the deal correctly, it should be a decent revenue producer for some time to come. So, there are still substantial Y2k $$$$$ out there...BUT... JJ made the strategic mistake of diving whole hog into Y2k at the expense of his primary business. One place we all agree, is that TAVA must remold it's image IMMEDIATELY, as Karl indicated. No david, what I know about TAVA is that it's a struggling enterprise, awash in found money, which must establish it's post Y2k corporate identity to the satisfaction of the street. Considering that Scott is still the singular up front spokesperson, JJ still doesn't seem to understand that imperative. Your dog could have shepherded TAVA through the initial Y2k mania...post-Y2k, Scot is hugely overmatched...but, of course, I said that many months ago, and was savaged for my trouble. The question investors will, or should, start asking...does JJ have the business acumen and vision to take TAVA to the next post-Y2k level? If not...??? Investing remains a "what have you done for me lately" exercise.