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Technology Stocks : Trading TAVA -- Ignore unavailable to you. Want to Upgrade?


To: Money Mood who wrote (111)2/20/1998 4:34:00 PM
From: eleebee  Respond to of 655
 
Victor,
TAVA is a stock in a strong group; y2K has group speed and group
stregth. TAVA while a late bloomer broke out of a long base with
a breakaway gap and made a new high at 9 1/2 on big volume. It is
a strong stock and as such you will find that a stock like this will
rarely correct more than 15% from it's high i.e. 8.1
I hate to bring up M.W. but I would like to respond to his alleg-
ation that the company is over it's head in the remediation business
They took Beck on as a partner to handle the utility remediation
work because of Beck's expertize in that field. To quote Jenkins
from the last C.C. "we need a partner that brings subject matter
and experience to the table and we are looking for that partner"
This was when the company was asked about hospital etc. remediation.
I have faith in management and they have the vision and entra-
penural spirit to bring off their objectives.
I left my crystal ball at home and can not tell what the future
holds. I can't see this company folding.
Mark



To: Money Mood who wrote (111)2/21/1998 2:36:00 AM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 655
 
This is from Market Edge Second Opinion this evening. Sounds like you are more interested in chart theories? Me I would like to see some news:

Moving Average Convergence/Devergence (MACD) indicates a BULLISH TREND

Chart pattern indicates a STRONG UPWARD TREND Relative Strength is BULLISH

Up/Down volume pattern indicates that the stock is under ACCUMULATION

The 50 day MOVING AVERAGE is rising which is BULLISH

The 200 day MOVING AVERAGE is rising which is BULLISH

RECOMMENDATION

STOCK IS A BUY

Regards, Jeff