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


To: JDN who wrote (13837)3/31/1998 4:35:00 PM
From: S.C. Barnard  Respond to of 31646
 
>>Dear Patrick: As a long time TAVA supporter, in the near term I have to
agree with you. Unless this company makes some kind of an
announcement it seems unlikely they will be able to sustain enough
volume to hold on to this level. <<

Yes, I have to admit I would agree with this.



To: JDN who wrote (13837)3/31/1998 4:46:00 PM
From: B.D.Bauden  Read Replies (3) | Respond to of 31646
 
"Unless this company makes some kind of an announcement it seems unlikely they will be able to sustain enough volume to hold on to this level."

JDN,

I agree with you. My biggest fear is that the stock will drop 2 or 3 points while the announcement sits on Jenkins' or Liolios' desk.

If we don't hear something soon, Patrick is going to start making money off us. I have no problem with an honest short that tells you up front that he expects the price to go down and he intends to profit from it, but I don't want him eating my lunch.

Bruce



To: JDN who wrote (13837)3/31/1998 5:14:00 PM
From: Mr Logic  Read Replies (6) | Respond to of 31646
 
JDN, I have considered the prospect of a rapid move up. GM or similar announcement is not really a concern - the KO announcement did not cause a rise, and I recall the discussions here being because that information was already 'known' here on the thread. I wouldn't underestimate the effect of a big name contract on spreading the word - analysts and anyone following KO on Yahoo, say, will get the TAVA news by having KO as a ticker they follow. And a lot of people follow KO.
Hiring 500 engineers immediately - the company has stated it may need to hire up to 150 and I would be interested to know how many they have. Moving to a Y2K company or even getting involed in a Y2K project is regarded as a dead end by many skilled consultants so I think they will struggle to hire even if they want to.
What will make this stock go higher quickly IMO will be if they show some decent numbers - Y2K revenues above $20m - in this quarter. I'd go long myself if they did that.

Bear in mind that the stock has rocketed three times already since July and the expectation is that the company will be worth 600%+ more than it was then. At some point the earnings need to show the way to catching up.
P.



To: JDN who wrote (13837)3/31/1998 7:47:00 PM
From: R. Bond  Respond to of 31646
 
>>There
are likely at least a dozen different scenarios which could be announced.......<<

Don't forget NMS listing!

TBF(to be fair), I think Patrick has already proven himself pretty nimble by choosing his price from which to short........and going through with it.

All the best,
Bond



To: JDN who wrote (13837)4/1/1998 11:38:00 AM
From: Karl Drobnic  Read Replies (3) | Respond to of 31646
 
TAVA price: It's showing a footprint. It has made 3 steep runs since last July. The first run started around $2. The second started around $5.25. The third started around $9. Measure from the beginning of the run to the high for the run. TAVA's footprint is to pullback about 40% of the run. The latest run was $5.63 (or so, depending how you measure it). So a "normal" TAVA pullback would be $2.25 from the high for the latest run. That's why I bought more when it dropped under $12.50 a couple days ago.