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Technology Stocks : Trading TAVA

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To: trade4livin who wrote (544)7/16/1998 11:32:00 PM
From: Tim J. Flick  Read Replies (2) of 655
 
I am currently out of Tava and hate the way that it is trading. There appears to be a constant seller in the stock with every rally producing no followthrough. Volume has contracted with average daily volume headed down. With all of the great things that have been said by the company the stock continues under pressure. My best guess is the next earning report will get Tava off the dime. A great report and it will probably be time to get back in.... another report of .... "we see things ramping up next quarter"... Jump back Jack... get out of the way. This is now a show me stock, with little room for error. I love the industry and the potential earnings and revenues but I will play the hand that has been dealt me and it currently looks like an Oklahoma.
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