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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Tim J. Flick who wrote (14841)4/14/1998 11:17:00 PM
From: Karl Drobnic  Read Replies (1) of 31646
 
Tim: I agree with you that our Winter '98 Market Rally is most likely entering its last leg. But May-June tend to be seasonally bad for technology stocks, so a rally pausing after a big winter run is not a big surprise. In general, a good tech stock bought in autumn and sold in April tends to be profitable. TAVA, however, should soon separate itself from the pack. A decent earnings report in early May could well be the catalyst that sets TAVA apart from the seasonal tendency of technology stocks to decline in the Summer-Autumn period. So while I expect TAVA to continue volatile, I think TAVA will increasingly become a haven for money fleeing other sectors of the market. As Zebra pointed out, that high-margin CD will be getting busier and busier right up to D-Day.
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