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Technology Stocks : Trading TAVA

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To: Rob L. who wrote (387)	5/18/1998 3:20:00 PM
From: Copeland	Read Replies (1) of 655

Agreed. I've seen the margin snowball selling effect more than a few times with some of the semis I've owned. Ron Reece also brought to light a fact that I've forgotten. Microsoft is also tanking today, which is generally a short term sell signal for the NASD in itself, regardless of what has caused the sell off (in this case, the Federal and 20 state class action suits against Gates and Co). I doubt that the effect is directly significant when it comes to TAVA, but the MMs might be playing on this sentiment to bring the price down on an already spooked public.

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