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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Captain Jack who wrote (8503)1/7/1998 11:27:00 AM
From: Norman Stone  Read Replies (2) of 31646
 
Any theories on the 32.5K traded this AM @ 5 1/4?

As usual, I have one: since the price has rebounded quickly, that sell was way below ask, indicating that the seller needed the cash fast. Covering margin calls on a deteriorating portfolio (COMS, etc?) is a good bet in my book.

While TPRO is "holding its own" in this deteriorating market, we should expect all fast money to be pulled out if the market continues to deteriorate. How much $$$ is that? You tell me! ;-}

Anyway, congratulations to those who were on the buying end!
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