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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: bob who wrote (29258)3/5/1999 3:46:00 PM
From: Bill Wexler  Read Replies (2) of 31646
 
The TAVA fraud - and the quality of earnings issue.

Note that TAVA dropped after issuing its last earnings report. despite the nonstop hype surrounding the company, the stock has dropped in price (in the face of a rising NASDAQ).

I believe TAVA will continue dropping in price because the quality of its earnings are questionable as well as the strength of future earnings streams.

For an example of another "Y2K" disaster with a very low P/E ratio but a stock that continues to crumble, check out the chart of ACLY.

By the way, I also recommended shorting ACLY over 1 1/2 years ago on my "Y2K hoax thread".

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