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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Tim J. Flick who wrote (6865)12/4/1997 10:32:00 PM
From: eleebee  Read Replies (2) of 31646
 
Jim,
Please excuse my ignorance since I am a long term investor and
I don't worry about short term fluctuations.
I assume that you are making suppositions based on your experience
Do we really know that the recipients of the PP are in for a short
term small profit, or will they play for big bucks? It seems to me
that we have an excellant base well above 5.50 and their risk is
minimal. Do institutions that participate in PP engage in short
term trading as a rule?
Are we making an assumption that the stock was registered on
time and the 95000 shares is forfit? If so I personally can't see
a quick sale for $75-95000 as a great benefit to the PP particulaly
since this is to be divided among 6 institutions.
Also do you think these institutions will act in consort or will
they have different agendas?
I am not being facitious I truly am ignorant how these people
work.
Mark
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