We're totally aligned here. The so-called "flight to quality" will almost certainly not include TAVA or many of the riskier small caps, and it will be difficult, if not impossible, for TAVA to command a high share price over the long haul based on a one year spike in earnings due to Y2K. If they had begun showing some bottom line impact a year ago (or if TAVA had been a profitable company prior to the Y2K frenzy), the story would be different, but it is probably too late now, and there is no demonstrated ability to make money on their core business.
This is a good time for Treasuries, rock-solid bonds, and the little old lady stocks (IBM/KO/etc.).
Maybe, just maybe, if TAVA posts a number in excess of $0.07 and a price close to $5, I might consider throwing a LITTLE their way, with a stop limit not far below and a sell order not far above. |
