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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Rob L. who wrote (13337)3/25/1998 12:36:00 PM
From: Mr Logic  Read Replies (1) of 31646
 
Hi Rob. At anything above $3-4 or so TAVA is trading on potential - look at the company before July 97, look at recent 10Qs with essentially flat revenues. Essentially nothing has been delivered to the bottom line yet - which is OK. But most people would want a little hard proof that the potential is there - the first signs of a strong ramp in revenues. Also, if there was some 'unknown news' worth $70m to TAVA's bottom line... that is now reflected in the stock price.

'Buy on the rumour and sell on the news' is as cheesy a cliche as 'back up the truck and load up' or 'buy on the dips' but it does apply.

We'll see how it plays out. I'm not planning this as a long term short.
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