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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Richard S. Schoenstadt who wrote (20996)7/23/1998 10:02:00 PM
From: Tim J. Flick  Read Replies (4) of 31646
 
Rich.... It would take too long to explain. For the stock to "come in" means that there will likely be more sellers than buyer tomorrow morning, so I expect to buy into this expected weakness. You might be right about the 7 3/4 price, but I am not going to risk much more than that since I feel that a strong rupture of the 7 3/4 area could push the stock to an unpredictable area. Today, for the first time since I have been following Tava, an announcement of a new engagement did nothing for the stock, this is a major change and depicts the current sentiment about Tava. So IMHO we are at a crossroads that will produce either an outright breakdown or a super opportunity. This is a piviot point that I will play.
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