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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Tim J. Flick who wrote (14234)4/6/1998 11:09:00 PM
From: Raj Ramaswamy  Read Replies (1) of 31646
 
Tim,

You, IMHO, are wrong on two counts.

First TAVA is increasingly being positioned more as a Y2K stock in very unique niche (non-IT). Next 2 years atleast there is assured market and potential very good earnings which will only add to bottom line for later expansion & leveraging their systems integration business beyond 2000.

Secondly the "monster buyer" you have been saying all long & if true, will NOT sell off in such a hurry -- just because techies are correcting. He/They must know the unique value of TAVA in Y2K arena; so it is not some "been there, done there" stock which will swing with market forces & institutions get in/get out. Again, IMHO, the monster buyer (again if it is true), will bail out when fundamentally something changes (bad) in TAVA's business model. And this we won't know until June (4th quarter)1998.

Going by your analogy, even SYNT/CBSL/MAST/IMRS should tank. I very much doubt for these and indeed, for TAVA as well.

Today's action looks more like people were stopped out at 12 1/4, resulting in snow-balling. Or maybe MM's were trying to get cheap shares with some imminent announcement....who knows..!!!

Raj
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