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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: threadneedler who wrote (15742)4/30/1998 11:27:00 PM
From: Tim J. Flick  Read Replies (1) of 31646
 
After reading the most recent posts my guess is that Hannifen lowered the estimate because Tava told them(in so many words) to do so. Hannifen (who did the private placement and wrote research report) is going to be the "main man" as far as Tava in concerned. So I would look for less than .04 for the quarter. This should not surprise anyone, many on this thread have felt that this was not going to be the blowout quarter. That is one of the reasons that I have cautious the last few weeks. I now see earnings as a non event, since most will not sell if they miss the .04 and many will buy if the stock gets hit.
The stock is currently waiting around for the earning and CC thus lack of movement and volume. I said a few weeks ago that I was looking for a sign that someone would know what the earning by the way the stock was trading. Well.. looks like non event.
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