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

To: rogermci® who wrote (10827)	2/9/1998 8:21:00 PM
From: insider	Read Replies (1) \| Respond to of 31646

Here is the motley fools take on todays price movement: From Dow Jones: >>> Douglas Kelsall, Topro's chief financial officer, said the stock received a boost Monday from the awareness that Year 2000 numeral conversion glitches loom and the company is well positioned to resolve them. "They're waking up and realizing this problem is real," he said. <<< I'd like to believe the above because it sounds great for long term investors. However, I have to believe today was mostly due to TPRO's move to the main Nasdaq board which allowed two things: 1. Available to instituitions that won't buy bulletin board stocks 2. TPRO always had a lot of hot stock chasing longs; now they can make even bigger bets on TPRO by using margin to buy more shares. The above two provided the capital for the initial move which then drew in technical traders as TPRO must look fantastic to those gals. Moving past its all time high on a gap up off a huge base. They must have fell out of their chairs trying to get through to their online brokers LOL. Of course TPRO is now easily shorted so I expect a much rockier ride going forward. Whether this is all sustainable is anyone's guess. If we just make a new base from $7-9 that would be fine for another 6 months. I'll sign right now for 20% every 6 months ;-) For Foolish investors the upcoming earnings report conference call will be important in trying to fix the value of this company. Not so much the numbers reported, since they will not be indicative of forward results, but the projections given by the management and how those differ from last quarter.