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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: jwk who wrote (21157)7/27/1998 3:51:00 PM
From: Bill Wexler  Read Replies (4) of 31646
 
<<we are watching the unfolding of the largest conspiracy/fraud scheme ever attempted in the history of man.>>

Oh please.

TAVA's stock fraud - while not completely amateurish - is relatively transparent and has been done countless times before. TAVA is a tiny IT consulting firm which is losing money - that is exactly why they had to pledge 100% of their assets for a tiny 4 million loan...that is exactly why their float has expanded dramatically as the company has diluted its shares....that is exactly why the stock price has ben artificially inflated on Y2K nonsense hype instead of earnings...and that is exactly why the stock will inevitably trade in the low single digits.
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