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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: M. Frank Greiffenstein who wrote (13246)3/25/1998 7:47:00 AM
From: Rob L.  Read Replies (1) of 31646
 
Can't fault anyone for wanting to take profits. It's good money management, especially when you have had a big run like this and TAVA becomes too large a percentage of your portfolio. Also, nothing goes straight up forever.

JMHO: However, I do not believe the run is over and I will not be taking profits anytime soon. There are enough new buyers to absorb moderate profit taking. The MO on this stock has been to buy and hold. As CK found out, this isn't an easy stock to time or trade. You inevitably wind up buying back at a higher price.

Keep in mind this move has been done without any news AND we are only now just starting to scratch the surface of the embedded chip problem. As awareness rises, so will TAVA's stock price. JMHO
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