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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: waldemar cyranski who wrote (29611)3/18/1999 8:53:00 AM
From: JDN  Read Replies (1) of 31646
 
Dear Waldy: I see Capt Jack answered your question and I basically agree with him. My only issue is TOO MANY SHARES. This is a plus AND a minus. Currently a minus. However, if and when volume picks up to where it ought to be (I use 700k as my benchmark) then the amount of shares, looking at it from an institutional viewpoint is a PLUS. Why, because there is enough float out there that such large volume may not in and of itself create volatility. I know the traders love volatility but the buy and hold types, I think, prefer steady rise based on fundamentals. I think about 700k a day would create this environment. Right now this MINISCULE by TAVA standards volume cannot support the FLOAT. Thats my opinion. JDN
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