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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Hawkmoon who wrote (9749)1/29/1998 12:03:00 AM
From: Captain Jack  Read Replies (3) of 31646
 
Ron--- <ggg> I am not UNsettled. Dreyfus is HUGE news,, positive big stuff. Their bids I am sure dropped and kept the price at this level. They will be in for awhile. Really something when a lousey $5 mil can effect so big--- 5% of shares for $5 mil. Short covering would have been big today if yesterdays rally had continued, even volume with no loss. But vol was down AND price. The shorts still have to wonder about what is coming from SHM. We really needed today to be strong for a good rally. Now we need good stuff from the SHM and additional to follow. A fund dropping $5 mil is nothing--- but buying 5% of shares HAS meaning. That alone could wake an analyst from a small or independent brokerage house. A single "buy" rating could cause a tremendous jump and add interest to TPRO as an investment.

John
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