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

To: eleebee who wrote (10454)	2/5/1998 4:08:00 PM
From: Jim Wilke	Read Replies (2) \| Respond to of 31646

Mark, perhaps you'll also notice that as this stock nears 6.5 and now 6.75, the shorting activity appears to be huge. Large volume does not necessarily mean investors are buying. It may be the "churn" from the MMs, i.e. MM's selling to each other, and not investors. As stated so many times before, this stock is a "show me the earnings" type stock. For some reason, investors have seen the negative earnings, and are cautious to invest more until the earnings report justifies the increased price. They are not just looking at the POTENTIAL and buying at inflated prices based on their hopes. Therefore, I am left with the unsettled feeling that MM's are letting this one ride up a bit, and I suppose they will take it back down again if they can. Note: This may be their last chance to play this game IF the earnings report shows a really good report. - Jim