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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: C.K. Houston who wrote (20955)7/22/1998 4:28:00 PM
From: John Arnett  Read Replies (1) of 31646
 
CK,

Just noticed news on insider trading in TAVA. Looks like Messrs. Kelsall, Hagewood, Fallon and Richards sold 251,000 shares (no buys) at the following prices:

15,000 @ $10.00
35,000 @ 12.07
75,000 @ 11.375
4,000 @ 12.00
7,200 @ 10.4995
50,000 @ 7.50

Seems to me that if TAVA outlook good and improving these people wouldn't be liquidating. Also, their liquidation meant the market had to absorb (you, me and others) the 1/4 million they dropped.

Don't know what current float is but do you suppose some of these sales were to private firms?

Do you know what officers and directors hold in shares as a percent of float and what amount of shares can be released into the market over the next 6 months.

Still holding and buying selectively.

John Arnett
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