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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Captain Jack who wrote (9449)1/26/1998 9:25:00 AM
From: Jim Wilke  Read Replies (1) of 31646
 
John, just last Friday, a friend I told about TPRO months ago asked me for an update before he got serious to buy.

I had to tell him to wait for a while until we get some hard earnings announcements. As I wrote on this thread over three months ago now, this stock is bound to flutter up and down bit until the earnings announcements DEMONSTRATE that this company has what it takes to be a true y2k player. I told him how the management hoped that the y2k earnings announcements that were expected to come heavy in the third quarter would begin to show up in the second quarter, but alas, it is beginning to look flat for quarter and that the CD sales appear to be lack-luster. With that he agreed to hold off for now.

Early (and continuing) hype from Tmex et al does a lot to raise expectations, but when the real world does not play along, the "fall" can be hard. Investor confidence is hard to regain momentum, until the good numbers actually come in. THAT's where I think TPRO is right now. I'm looking forward to a positive, but not stellar 3rd quarter announcement in May.

I would love to be wrong and see the uninflated value of this company go up quickly on early good news, but I do not expect it nor do I promote it as being anything but a remote possibility. Like Skippard, whose comments we no longer receive here, I am in this one for the long haul. And I believe it is THERE that the real value lies.

- Jim
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