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

To: Kal who wrote (12444)	3/10/1998 2:23:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 31646

TAVA Is Undervalued.... >>>DO you all think the deal with Coca is reflected in the current price? Are we having distribution or accumulation at this point?<<< ******************************************************************** Kal: I think the Coca Cola deal is reflective to the point that it offers support for the current price range... As TAVA moves from pilot to full implementation of its services the stock price will move up... So, to better answer your question, I don't think the current price reflects the Coca Cola Revenue and Earnings potential, let alone other company's incremental Revenue and Earnings potential**... Jim

To: Kal who wrote (12444)	3/10/1998 3:09:00 PM
From: Norman Stone	Respond to of 31646

Kal, The CC deal has made 9 1/8 the new support. That is 4 points above support 3 months ago. Reluctance to go higher is perfectly understandable, under these circumstances. Y2K has a limited future, and factory-floor remediation (and service industries) lack the glamor of, say, the Information Superhighway. But this reluctance is a form of security, as well, because the price has gotten here in spite of it, and probably will not drop much, barring a hidden disaster, a losing quarter, or the loss of a couple of big contracts. Accumulation and distribution are both occurring. Buyers see strong resistance at 9 1/2, and no one is betting that that resistance is weaker than current support. So here we sit, like a turtle on a rock. The longer we sit, the more shares will be "loosened" at 9 1/4. Sellers at 9 1/4 have made their buck, and are betting on a gradual price decay. If they are wrong, they will not lose much, since they will get back in under 9 1/2 before the next rally. And everyone knows that that will coincide with the next big contract announcement. Buyers are chomping at any opportunity under 9 1/8, but as no news arrives, that hunger will abate. If I had radar that could detect that next contract coming, I would probably get out at 9 1/4, and come back in the day before news hit the street. But that would be insider info, wouldn't it? We outsiders must not loosen our grip on the tow rope. Otherwise, in the long term, this puppy is WAY undervalued. (ALL MY OPINION ONLY)