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

To: JDN who wrote (5926)	11/14/1997 7:51:00 AM
From: Gerald Underwood	Read Replies (1) \| Respond to of 31646

JDN, If SI and Motley fool knows, then the street knows. Have you ever considered the possibility that the street was factoring in this proposed offering in yesterday's share price drop? JMO Regards, Gerry

To: JDN who wrote (5926)	11/14/1997 8:42:00 AM
From: Zebra 365	Respond to of 31646

JDN Maybe the "kicker" is already in. Excellent point about NFL, "no free lunch", as one of the prime tenets of corporate finance. Look at the TPRO volume over the past month. I see about 300,000 shares a day, and as we all know, this is the NASDQ so those shares are generally double counted. That means about 150,000 shares purchased daily. If I wanted to go in and buy 1,000,000 shares on the open market, I would double the volume over 7 trading days. What do you think the price would be by that seventh day? If the guys at TPRO have much savvy in corporate finance, they will have realized that, just locking in a single market price for that large of a purchase is a 10-20% "kicker" in itself, particularly if the price is fixed after the announcement of dilution which will depress the market price another 10-20%. Yes, they are taking advantage of the equity markets for cheaper financing, but this is the way the game is played. I agree it is wise to hold and wait and see what the real deal is before doing anything. This statement contains forward-looking rumors and is presented for entertainment purposes only...ect. <gg> I'm still comfortable with this situation. Zebra