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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Mighty_Mezz who wrote (7209)	12/12/1997 9:48:00 AM
From: Ray Dash	Read Replies (2) of 31646

David, thank you for your detailess, knee-jerk reaction to my excellent call on CUBE. The post you linked was dated Nov. 26. That day CUBE had a low of 19.75 with a close at 20. On Dec. 1 the stock rebounded to a close at 20 15/16, with an intraday high of 22. Since then the unforeseen "asian effect" which has taken the NASD down approximately 135 points ( DOW equivalent of 675 points) brought CUBE down a total of 7.5 % on its close to 18 9/16 and 6.3% on its intraday to 18.5. That's amazing strength for a stock that actually has asian exposure. Ironically, this exposure is in China-- a monetary system (this has recently been discussed in numerous articles) that will remain relatively untouched by the problems in SE Asia. 1998 will bring the long-awaited advent of DVD (Cube is well diversified within what will prove to be an enormous market.) Thanx for the flame. As always, the devils in the details. Ray

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