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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: michael tantleff who wrote (21397)	7/30/1998 4:18:00 PM
From: Karl Drobnic	Read Replies (1) of 31646

Michael: If your conversation with the CFO is right, and it certainly agrees with what I've picked up, what we are having is a classic "long squeeze" based on the large number of Tava shares in individual hands, and the probable liquidation of a million share position by a long-time holder. If that holder did liquidate, and sent the trade through the firm it used when it sold a big block last year, we have an explanation. Shorts discover that the shares are coming to market, and take aim at white knuckling the individuals into selling. It's a simple explanation, and simple explanations are often on target.

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