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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Chuck M. who wrote (29647)3/21/1999 6:00:00 PM
From: Captain Jack  Read Replies (2) of 31646
 
Chuck--- I agree with what you say but feel it has 1 more run left. I also feel the rev of this qtr will be huge and two more coming before the bottom falls out on the high margin work. The whole world can say it is not a Y2K company but the whole world knows it has a ton of cash coming from Y2K. Many will bet the cash will be put to good use. Institutional investors would know everything about the company if it would give them reason to investigate. As soon as they see the volatility they look no farther. There are over 40 institutions holding an amount equal to what one of them would hold if there was stability and appreciation.
Luck, hype,fear, and EPS will carry it up from here. I agree it will go below 5 and some margin will be called but 3 is not reasonable this year. Hell, it has been worse and bounced before. The bounces just do not go quite as high... so IMO your 6 should be cake,,, now mine at 9 is impossible IMO in this lifetime! Averaging down does not make much sense considering the trend,,, but history indicates it makes alot of sense if it would get to 3. Luck is right--- we all need it being long here...
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