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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Jan Robert Wolansky who wrote (3770)10/8/1997 11:37:00 PM
From: Lawrence Hilzenrath   of 31646
 
Jan,
I think the volatility is being caused by those who shorted in the past few months trying to cover at as low a price as possible, giving a low bid to try to bring the potential sellers down in ask price. With the CD coming out next week the Shorts are getting a bit worried that this may be their last few days to cover before this thing starts to really take off. The fact that this stock did not suffer at all from the past earnings report is very encouraging to me and tells me that there are many investors long on TPRO and they are as confident as many of us are that the future will be very bright and profitable.
All of this, of course IMHO.

Lawrence
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