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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: ROBERT H RICHMOND who wrote (14375)4/7/1998 8:27:00 PM
From: Tim J. Flick  Read Replies (3) of 31646
 
Tava held the 10 7/8's area today!
However, not unless we can get blockbuster news I still see lower prices after a rally day tomorrow. Kea gapped down this morning, and since it's the trojan horse of the y2k arena it will keep the others stocks in the sector in a defensive mode. KEA does not have any strong support until 47-48 area which I look for it to test in the coming weeks. High tech looks sick but should rally first before going lower. Very tough period ahead for techs with not so bullish earnings on the table. Time to raise some cash and wait for better opportunity after the spring.
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