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

To: TokyoMex who wrote (7479)	12/18/1997 2:34:00 PM
From: Rob L.	Read Replies (3) \| Respond to of 31646

It is very easy to explain the drop in this stock, it simply ain't worth this much yet. It was driven up on hype and it is going down now that the hype has died down. Way too many shares outstanding. I don't care if it is 23 million or 24 million, that is way too many for a small company like this. 5-10 million shares would be much more reasonable. This company is burning cash quickly and without positive cash flow it will continue to bleed. How much longer will it be before they need more cash? This company has not made any money and it is still questionable whether they actually can. Averaging down at this point is very dangerous and for those of you doing it, I hope it is money you can afford to lose. Add to your winners, not your losers (assuming you bought when I did in the 6.5 range). I will not add to this stock anymore. Flame me if you want, but so far I have not been wrong.