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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Norman Stone who wrote (15003)4/17/1998 7:40:00 PM
From: Tim J. Flick  Read Replies (3) of 31646
 
Very interesting Day!
Good news from the company is what drives stocks with today no exception. Volume was disappointing (25 grand above average daily) but this is Friday.
With the sign-up of this medical instrument company tells me that Jenkins has his hands full and can not exploit this area with his limited forces. The fact that cmed signed up, gives you a clue that the CD must be hot and cmed needed a tool. Tava is going alot higher, but as you know by now, the market just plain scares the hell out of me. When you see IPO's that are priced at $24 open at $50 trade up to $70 and close at $53, folks this is not a bottom being put in it's some sort of a top. Then on Thursday Cedant get's it's market cap cut in half in the first 2 hours of trading should give you a clue as to the danger that is present to the person who steps on the land mines that are out there.
I am convinced of this... Tava will go down if the market as a whole begins to fold... we witnessed some of that this past week. The story is very good here but I must bow to the market trolls that say "things are getting a little crazy better go slow". I have discovered that my alergies were a wolf in sheep's clothing and I had the flu from day one. Good weekend to all!!
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