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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Steve Childs who wrote (5854)11/12/1997 7:09:00 PM
From: Jack Zahran  Read Replies (2) of 31646
 
They must have some really positive news and contracts to convince a couple of institutions to jump in. I believe they currently only have 5% institution in now, this is an additional 5% to be owned by institutions. How would you feel if an institution was willing to risk $6 Million dollars on you? Doesn't this tell you that some really smart people have done their DD and are buying into the TPRO story.

Would an institution pay $6 Million + dollars only to have to sell it at a loss. They definetly will not be able to unload their investment without sinking the price. This is very positive news as they must have concrete reasons to buy TPRO near it's 6 month top. (Remember what happened to Apple when Microsoft announced it would buy $150 Million non voting shares).
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