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

To: Captain Jack who wrote (8512)	1/7/1998 12:00:00 PM
From: Rob L.	Read Replies (2) \| Respond to of 31646

I agree with most of the questioning of the company here, but let's also be realistic. Keep in mind that this is essentially a start-up company in a start-up industry. Yes, they have a core business, but let's face it we are all betting on the embedded problem and the revenue generated from Y2k which we hope will be spun off into more core business. It's not going to happen overnight. Frankly, I'd prefer management to focus on what it is paid to do: running the company, not worrying about day-to-day movement of the stock price. The stock price has risen very sharply in the past six months, it's just that many of us, including myself, got in a little late. Can't fault management for that. Not to worry, if they can generate strong revenue and earnings the stock will rise. One of the problems is that expectations are too high and some may be expecting the stock to rise as it has in the past. This is unlikely, but you should realistically be able to expect maybe a doubling from this level. Also, keep in mind that they don't have full NASDAQ listing, which precludes many institutions from owning it. If they get it, as expected within a few weeks, you will see expanded coverage and hopefully buying. I was very skeptical also, bu the BMY contract at 125 sites put me at ease. BMY is a great score for the company and a few more of those and the stock price will rise. Don't forget, MRK's headquarters are just around the corner from BMY's. Volume is relatively low so nobody is really bailing out.