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

To: JDN who wrote (6565)	11/26/1997 11:05:00 AM
From: Ken Salaets	Read Replies (2) \| Respond to of 31646

Forgive my naivete, or however you spell that, but can't we accomplish essentially the same thing by putting in a sell order? K

To: JDN who wrote (6565)	11/26/1997 11:07:00 AM
From: Rob L.	Read Replies (1) \| Respond to of 31646

JDN, I think the short interest has a lot to do with the warrants and the PP. Although not publicly announced, the PP was known by many people (including those involved). The issuance of new shares tends to always be anegative for a company in the short run because most people assume it will be dilutive. As a result the stock generally tends to fall. Hence, to make money on a falling stock you short the stock. Keep in mind that a large short position can be extremely bullish and can create a very rapid upward movement in the stock price. Good news comes out and people realize that the downward move is over or that they bet the wrong way and they all rush to buy the shares back, albeit at greatly inflated prices. This is known as a short squeeze.

To: JDN who wrote (6565)	11/26/1997 11:15:00 AM
From: Gurupup	Read Replies (1) \| Respond to of 31646

JDN, with all due respects, not in your lifetime. It is a waste of time, a waste of effort, and the impact would be less than 0. I have been around too long, but I can count the number of times this has been done, and then number of times it has worked, and trust me, it don't work. Let the shorts have fun, when they cover we will be very pleased, but you won't get that to happen by getting stock out of brokers hands and into yours. WILL NOT WORK!!!!!!!!!!!

To: JDN who wrote (6565)	11/26/1997 11:24:00 AM
From: Don Hutchinson	Read Replies (5) \| Respond to of 31646

Yesterday, 4 of us met with the Tava local manager and the Tava regional manager here in Sacramento in a 1.5 hour question and answer session. It was especially useful because we had a balanced group: 2 of the 4 of us were skeptics, 1 is trying to be skeptical, and 1 is not skeptical (me) but wanting to ask some tough questions. We were able to obtain lots of general info including current Y2K activities, saw a 200 page Y2K compliance component report (@ $200/page) completed by Tava for 1 factory, looked through the PlantY2KOne Binder (hardcopy version of the CD), discussed post-Y2K which they referred to as the "golden egg", and more. I'm pulling together my notes and the others are doing the same. Will post as soon as I can get the data organized. For our next field trip, we want to go to a local factory and talk to a customer. We think that one member of our group can arrange such a meeting. Have a great Thanksgiving all! I'll get my info up here as soon as I can.

To: JDN who wrote (6565)	11/26/1997 11:57:00 AM
From: Jack Zahran	Respond to of 31646

I was encouraged by the insignificant rise in short interest. This can be taken as an indicator that MM sentiment is changing. I believe mainly the MM firms can short this stock. With the interest seemingly topped, TPRO should see a steady rise in value from short covering until the next major news announcement. I can't imagine too many shorts staying in as we approach the end of TPRO's FY 98 2nd Quarter (December 31, 1997). TPRO's management has already informed us of Y2K revenues this quarter (earlier than originally expected). In addition, gross revenues should again set a record with the 6 Million base revenue sale from their Chicago branch alone. I believe that they expect $4 Million in Y2K tools sales by the end of December. If I am correct, that's $10 Million in revenue before we add in their normal, although growing revenue. The second quarter report should be a nice boost. Keep in mind that the short interest report is also old data by the time it comes out. For all we know, the shorts could have covered by now.