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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Douglas Rushkoff who wrote (6996)12/9/1997 9:44:00 AM
From: Rob L.  Read Replies (1) of 31646
 
Thanks Doug. This thread is generally focused, and justifiably so, on the technical aspects of TPRO and what TPRO can do to solve the Y2K problem. We all feel that Y2K is real or else we would not be here. But ignoring/downplaying the balance sheet, income statement and cash flow is a bad mistake to make. Basing buy/sell decisions on a company's potential without having a track record is also dangerous. Also, from what I understand the company actuall has a poor track record going back a year or so and management is new and unproven, making it even more speculative. Hence, I limit my position. I'm not saying TPRO is bad, but I personally would like to give it more time to prove itself financially before I sink my life savings into it. Is that so hard to understand?

If this company is going to 15-20 or even 45 as some have stated on here, there will be plenty of time to get in when confirmation of earnings occurs. Stocks don't go from 6 to 20 overnight. I am willing to limit my investment in TPRO (although 15% is hardly limiting), be safe, and wait for confirmation before buying any more.
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