TAVA Technologies (TAVA-NASDAQ) Message Board

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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: S.C. Barnard who wrote (22960)	9/2/1998 6:19:00 PM
From: Bill Wexler	Read Replies (1) of 31646

<<bought in today @4 3/16, because I'm such a shill bastard.>> No, you bought in today because you fell in the same trap that many victims of stock promotion frauds fall into. You believe that the correct thing to do is "average down" because the share price looks "cheap". Unfortunately, TAVA remains grossly overvalued...and you will probably suffer an additional loss if you hang on. Averaging down is a good strategy with good companies in grwoth industries that are experiencing short-term problems (for example - it would probably make sense to start buying quality financial services stocks during this corection). It's a terrible strategy in TAVA's case however.

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