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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Tim J. Flick who wrote (21070)7/24/1998 6:58:00 PM
From: Phillip Kelly  Read Replies (2) of 31646
 
How do you view Tava's tumble with the drubbing of the Russell 2000? I believe the Russell's back where it started the year. I have noticed that when Tava became marginable, it was a negative and not the positive everyone was predicting. Tava simply didn't have the numbers to be trading where it was at that time and with the big boys, but I believe it's arriving quickly.
I never expected it to return to these levels and have been badly burned with a margin call today. I strongly believe that this is the area for Tava to solidfy itself for a strong justified takeoff, and can only express my disappointment that I don't have the resources to join the launch.
I still have a small holding and hope all the longs hang in there if they can afford it.
Good Luck to all.
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