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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: William A. Eydler who wrote (27811)2/10/1999 8:27:00 PM
From: M. Frank Greiffenstein  Read Replies (2) of 31646
 
SAD (Stock Affective Disorder)...

I am pretty mystified by all this. I got excited this morning when I found out stock did not gap at the open, bought at $7.50, only to watch the stock collapse on big volume. Still scratching my head.

All I can figure out is that the balance sheet is still crappy. Not as crappy as before, it is less crappy, but still crappy. The current ratio is annoying. But the market will ignore a poor balance sheet if revenues are ramping, and TAVA's sequential growth is very impressive, all internal growth. And TAVA is moving into the sweet spot of its revenue cycle.

I didn't listen to the conference call, any note of negatvism by management?

DocStone
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