TAVA Technologies (TAVA-NASDAQ) Message Board

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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: threadneedler who wrote (18924)	6/22/1998 9:40:00 PM
From: Bill Wexler	Read Replies (3) of 31646

<<When you say 'longer term' TAVA will trade below 5, please give us a time frame....and how FAR below 5...3? 1 1/2?>> The problem with these sort of cult stocks is that when they fall below the "margin horizon" of 5 a share, they can bounce around for quite some time before they collapse completely - I think it is mostly due to the true believers coming back for one last round of punishment. The Zitel fraud still trades at 4 and change, even though it should (and will) be a penny stock. Much like CCSI and FTEL, TAVA has rabid cult followers who will continue to "average down" and toss the stock around before they give up. TAVA will trade below 5 a share...eventually If you want my best guess - I would say within 2 to 3 quarters. When it falls below 5, I will then re-evaluate (determine if I should cover, or hang on for lower prices). Even though TAVA is not an outright fraud like Zitel, it is being overhyped.

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