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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Too Wise who wrote (21389)7/30/1998 2:18:00 PM
From: John Howell  Read Replies (2) of 31646
 
I agree that "somebody knows something". MM's and large investors know the signs of a hyped stock from years of experience. Here are some of the criteria for hyped stocks that TAVA meets.

TAVA is a money losing company.

TAVA is betting the future on a new and unproven area of consulting expertise.

TAVA insiders have sold lots of stock.

TAVA is leveraged to the hilt in a deal with a company who has been criminally indicted.

TAVA issues "press releases" whenever anybody at TAVA farts. TAVA is very good at "namedropping". The names of fortune 500 companies are always popping up in press releases. These press releases imply the potential for large dollar amounts of business but exclude concrete information that would allow thoughtful due diligence about the company's real prospects.

TAVA stock has conformed to the classic pattern of distributin and decline common to "pump and dumps".

TAVA stock has no institutional support, even at these low levels.
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