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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Captain Jack who wrote (23537)9/24/1998 3:19:00 PM
From: Hawkmoon  Read Replies (1) of 31646
 
John,

This is what I am worried about. Money flow does not indicate the necessary influx of new money to lift this stock through the considerable resistance and overhead supply of shares that exist.

I would agree that TAVA would be looking ready for a breakout, were it not for the significant factor that many of its shareholders bought this stock at higher levels and would merely be satisfied with recovering some of their principle.

Not down on the company, just realistic about prospecits until the company can strut its stuff enough to attract the institutions again.

Regards,

Ron
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