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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Captain Jack who wrote (7831)	12/24/1997 7:27:00 PM
From: Raj Ramaswamy	Read Replies (2) of 31646

John, Don't bet on the resistance. Market gave a nice rebound from 5 to 6 1/2 in two days on just one contract - shrugged off all "overhang" situation overnight. Anytime if they announce NMS and Unilever contract (or ANY OTHER contract :-)), these resistances will blur into thing of past. What I feel is this stock is fairly saturated on the hands of small investors (who are the main force in microcap market). Thanks to cyberspace & excellent research by many people on this thread, even my barber knows about TPRO now. The big funds either don't see potential in TPRO yet or cannot get in with their big & deep pockets for want of NMS status. I even think their "war room" radar screens is programmed to scan only NMS stocks. When TPRO becomes a radar blip (aka NMS stock), I expect a feeding frenzy. And that day is not too far off. As regards your trading on the range 5 3/4 - 6 1/2, I wish you luck. Not my style. Raj

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