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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: JDN who wrote (4935)	10/29/1997 5:59:00 PM
From: Norman Stone	Read Replies (3) of 31646

Is TPRO a good short right now? I would say yes. If good news takes it to the mid 7's quickly, there will probably be a sell-off by some who got caught in the July Wave, and now are impatient to get a small return before they move on. (That is, strong resistance throughout the 7-to-8 range.) An unexpected bad quarter will send the stock temporarily back below 5 1/2. An unexpected good one will break 7 1/2, but settle back enough to cover. Unless there is a hidden rocket in its pocket, why not short TPRO at 6 1/2? JOHO from one who is in it for the long haul.

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