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

To: JDN who wrote (31242)	5/26/1999 6:48:00 PM
From: Silver Knife	Read Replies (2) \| Respond to of 31646

TAVA TECHNOLOGIES INC rpts important event. Excerpted from 8-K filed on 05/26 by TAVA TECHNOLOGIES INC: TAVA TECHNOLOGIES INC rpts important event. Item 5. Other Events. TAVA Technologies, Inc. and Mangan, Inc. have agreed to terminate their letter of intent relating to TAVA's acquisition of Mangan, Inc. The companies are continuing to jointly address market opportunities. TAVA management attributes the decision to terminate the proposed acquisition to: initial delays in TAVA's ability to secure financing to fund the acquisition; and the difficulty of dealing in a purchase transaction, with uncertainties caused by a lawsuit, relating to an industrial accident, in which Mangan was named as a party; coupled with general complications created by the currently proposed acquisition of TAVA by Real Software. The parties are negotiating concerning a possible right of first refusal granting TAVA the right to match any other purchase offer Mangan receives within a specified period. ------------------------------------------------------------------------ DISCLAIMER: The information provided through this news feed is excerpted from documents filed with the Securities and Exchange Commission (SEC) and should not be relied upon without review of the full documents filed with the SEC. In no event will Internet Financial Network, Inc., its officers, directors, employees, stockholders or agents, be liable to you or to any third party for any damages, costs or expenses arising or incurred in connection with any action taken or failure to act that is based upond the information contained in or omitted from this news feed or the documents filed with the SEC. ifn.com ------------------------------------------------------------------------