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


To: Kathy Riley who wrote (13408)3/26/1998 10:51:00 AM
From: Olu Emuleomo  Read Replies (3) | Respond to of 31646
 
Kathy, I hear you. I sold IMRS early (but with a nice profit) and missed out on MAST. However, after getting burnt a few times when I should have nailed down profits (ORBKF, MCRL, INTC etc..), I prefer to exit early (ala Bernard Baruch??)
Not to say that TAVA cant reach $20, but the risk reward at $14 is not compelling; given the fact that 50day EMA is at $8 1/4 and support at $10. I have been consistently wrong on TAVA though (selling early 3 times).
The pullback has always been shallower than I expected. Oh well.

--Olu E.