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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: JDN who wrote (16209)5/7/1998 5:09:00 PM
From: Raj Ramaswamy  Read Replies (3) of 31646
 
Dear JDN: I spoke to my broker today about TAVA in general and whether any of his clients have been buyers recently. Unfortunately he has not heard much about TAVA but he did say something very interesting. It is all about timings of earnings release. From his experience, he has observed,

1. Companies who have something positive or special to say about their quarter earnings, generally tend to release begining of the week as apposed to the Thur/Fri.

2. ER at Pre-market open, (again in his opinion) is very positive sign
Generally companies won't do that if they have something bad to report.

3. Of course, to watch out for price/volume action before the D-DAY which will surely give some clue.

Just a psycho-stock-analysis from my broker's <gg>, thought I will share..!

Raj

P.S: Last time if I remember correctly, TAVA had CC in the evening.
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