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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Norman Stone who wrote (4948)10/29/1997 6:07:00 PM
From: Gerald Underwood  Respond to of 31646
 
Norman,

Didn't anyone tell you about the hidden rocket in the pocket? {:-$)

Gerry



To: Norman Stone who wrote (4948)10/29/1997 6:09:00 PM
From: Mighty_Mezz  Respond to of 31646
 
>>why not short TPRO at 6 1/2?<< Perhaps, but use a close stop.

The >>strong resistance throughout the 7-to-8 range<< could become a new support level quite easily.

imho, of course.



To: Norman Stone who wrote (4948)10/29/1997 10:09:00 PM
From: Emec  Read Replies (1) | Respond to of 31646
 
I can offer one good reason not to short the stock at 6 1/2. I fthey happen to announce in November that htey have a huge number od advance orders for the CD Rom, the stock will take off and never look back and the shorts will frantically be trying to buy at any price. a stock that can rocket with some good news and has little downside is a dangerous short. If the CD Rom was the only product this company had, it might be worth the risk to short but they have a solid business even without the new product.