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Non-Tech : Havana Republic (HVAR)

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To: Laz who wrote (126)	7/31/1998 2:39:00 AM
From: TAPR	of 686

I don't know how you read things but I tend to look at the Russell 2000 dropping 5 points as "bad news". But don't worry Laz. I will be wrong again. Now I hope we will get a close above 16 in the next few days. I think things are risky and the market could continue on down and take HVAR with it. It doesn't seem possible for HVAR to be bought at 7. Look at the ticker. Only one sell at 10. It would only take 1 aggressive buyer to pick up all the shares sold since the bid went below 16. I know there are a number of long term investors who would love to pick up 100-300K shares at this level to lower their cost. If someone steps in to pick up 50K the ask is up 15-20%. We just need to see the small caps show some support and some volume in HVAR. Then we could have a good sustained move when the market turns back up. I may be wrong, I still think the first wave up on the Russell should take HVAR over 30. HAVE A CIGAR and chill. Good trading. TA

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