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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Rob L. who wrote (7316)12/16/1997 11:03:00 AM
From: JDN  Read Replies (1) of 31646
 
Dear Rob; Well, what I mean is if very fine TECH stocks are way down (many over 30%) people may feel more inclined to buy a large TECH company which has a good chance of improving as an unknown TPRO. Here's an example. CYPRESS SEMICONDUCTOR CY yesterday you could have gotten it for about 7 5/8. Today its up well above 8. Percentagewise one could have done well on it with very little downside risk. I only picked that one as it was selling close to TPRO price. So it all comes down to supply and demand. Lots of good buys out there right now. That, IN MY OPINION ONLY, is the reason OUR volume is down so much. It will change when we start getting some good to great presss releases on contracts and earnings. Be patient. I dont think we will hit your 80% bailout figure of $5.20 as there is a big bunch of buy orders sitting in there at 5 1/2. JDN
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