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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: threadneedler who wrote (19425)6/26/1998 8:29:00 PM
From: Roger A. Babb  Read Replies (2) of 31646
 
Threadneedler, I hope for the sake of the TAVA longs that the TAVA general counsel was just being nice to you in the conversation about Wexler. When a company starts taking such legal actions to defend its stock price or even acknowledging the short attacks, that is a sign to the shorting world that the company is more interested in its stock price than its business model and the shorts all pile on as the smart longs sell. Witness recent action in PLSIA and CCSI.

Real companies use revenues and earnings, not words or legal action, to promote their stock price. I currently have no position in TAVA, but am watching with interest.
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