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


To: M. Frank Greiffenstein who wrote (13231)3/24/1998 5:07:00 PM
From: Casey  Respond to of 31646
 
Frank:

<<I pinched myself, then sold half...

I decided to unload half my position today at 13. I'll let my profits run until the ConfCall. Just intuition, there has got to be profit taking setting in soon. Shares were cheap at 8, they are not cheap now. >>

I remember a similar post of yours when Zitel was at $60+ on a friday. It then gapped up the following Monday, hit the low $70s and crashed to $33 within two days before the deadcat bounce, which you traded perfectly. I'm with you, Tava seems to be getting a bit ahead of itself....irrational exhuberance?<g>.



To: M. Frank Greiffenstein who wrote (13231)3/24/1998 5:08:00 PM
From: Stuart Schreiber  Read Replies (1) | Respond to of 31646
 
Doc,

This is the run-up many of us have anticipated for a long time. Someone is buying a lot of shares at $11; $12; and now $13. I wonder why? No I don't! I know why. It's just taken them a little longer to get to the party. For months we waited and asked where they were. Ask no longer!

That being said, follow your instincts. No one ever lost money taking profits. I think I'll hold on. I still think this is only the beginning.

Stu



To: M. Frank Greiffenstein who wrote (13231)3/24/1998 5:10:00 PM
From: C.K. Houston  Read Replies (4) | Respond to of 31646
 
<I pinched myself, then sold half...>
You're braver than I am.

Here's what MY intuition tells me. There will be pullback between now and conference call. Don't know if it's tomorrow, next week or when. Don't expect to see 11 again.

Conference call is at least 6 weeks off. A LOT could happen between now and then. NMS full listing? Just one major contract from ... what is it ... 60 current pilots ... with Fortune 500 companies?

There's gonna be a lot of blue chip & mutual fund profit-taking going on over next couple of weeks. Always happens this time of year. I think some of that's gonna be coming into TAVA ... near term.

I have NOT had good luck trying to trade TAVA, so decided a couple of months ago ... to just sit on what I have.

I will be selling a major portion of my portfolio by/during 4th quarter '98. But anyone who's been reading this thread knows it has NOTHING to do with TAVA. Purely my concern about the market in general.

Cheryl