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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Mighty_Mezz who wrote (13381)3/25/1998 3:49:00 PM
From: Joseph J. Valenzuela  Read Replies (1) of 31646
 
While we're seeing a parabolic rise, I'm not going to attempt to trade this one.

TAVA is just a $13-$14 stock. BIG money isn't in just yet. We're at the tip of the iceberg, and I wouldn't even care if we got stuck in a trading range between $11 1/2 and $14 5/8 until more fruitful announcements are made.

It's a double-edged sword for me. I'm dying to accumulate on a dip, but why the heck would I want my single largest holding to sink??

The company is just beginning to execute its Y2K business plan. I refuse to bail at Mile Marker 1 of this marathon--even if we did start off in a sprint.

Best regards,
Joe
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