TAVA Technologies (TAVA-NASDAQ) Message Board

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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Mighty_Mezz who wrote (13943)	4/2/1998 10:21:00 AM
From: Raj Ramaswamy	Read Replies (3) of 31646

Well, the short term rally has died, IMHO... Pending any news (NMS etc), this won't go higher. Karl's observation of 40% pull back after every "high's", IMHO, killed the rally. He is a very respected guy and buyers are waiting to get in below 12.50. Secondly I hear rumours of "secondary offering" , I repeat, only RUMOURS....for financing increased recruitments of engineers etc. I don't know how far this is true, but I would think, Mr. Jenkins would make sure the stock is at much higher level (17-20 range) before he does anything in those lines. Raj

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