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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Karl Drobnic who wrote (12882)3/19/1998 8:41:00 PM
From: Jack Zahran  Read Replies (3) of 31646
 
TAVA is still cheap at 11 and the big boys know this. They see a compelling story, compelling clientele, good financials and know that a buy recommendation from themselves will be all it takes to move it into a major player. A buy recommendation from a Smith Barney will move us quickly into the 30's. Their analysts will find a justification for that price within the TAVA story and we know that the story holds many promising opportunities.

The herd mentality is still alive on Wall Street and this baby is going to explode. I am greatly encouraged by the support I am seeing at every run up. But, I always hesitate to jump in when the MM's gap up before the open. They stole some money today from the inexperienced, be careful when MM's gap up on no news. They basically killed the momentum for the day and provided another opportunity for the Institutional buyer.
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