TAVA Technologies (TAVA-NASDAQ) Message Board

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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Olu Emuleomo who wrote (23031)	9/5/1998 1:50:00 PM
From: JOHN IACOVACCI	Read Replies (1) of 31646

The question isn't just about TAVA it is about many small caps. TSRI 28+ high .57 cents earnings PE 10 now 5 1/2. CGZ 29+ high .92 cents earnings PE 11 now 11 1/2 after news of 2 mill share buyback. I've got 30 stocks on my buy list all sitting at ridiculously low valuation levels. This has definitely been a bear market for small caps all summer. I don't know when investors will start buying these issues but I read the same frustrating comments on dozens of boards. To sell into this weakness would be foolish. I'm waiting this period out and hopefully small caps will rally along with Y2Ks. The point being that I don't think any of these companies can do anything about share price erosion except share buy backs. Also I don't think a substantial rally will only come thru sector rally. Lets hope this is soon.

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