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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Bald Man from Mars who wrote (23802)10/7/1998 4:52:00 PM
From: Captain Jack  Read Replies (1) of 31646
 
Baldy --- it is a bad time to do anything good as in this mkt it is a waste of time. TAVA still has a good % of downside even on good numbers in this mkt. Esp with recent CEO comments and missing numbers last qtr. Pray the next few qtrs are good and Jj is quiet. Hell AMD blew estimates out of the water last night and down 20% today. There is no reason to expect miracles from them on reporting anyway. If they can make reporting within 2 months it will be a 30% improvement! If they can come within 80% of estimates and have the CEO agree on estimate it is more luck than anything positive in investors eyes -- a fluke! They need 3 qtrs at a min and with luck it will not be excessively late. The most likely high that is possible on miracles from this level in this mkt is closer to 8 1/2 now.
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