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


To: threadneedler who wrote (14031)4/3/1998 6:23:00 PM
From: Y2k_fan  Respond to of 31646
 
I concur; because I am still kicking myself for selling my CBSL at $26(today at $42 after 2 to 1 split). And only bought 200 shares SYNT when it was at $13.

All we need is one good quarter or some major remediation contracts.
Patience pays for a great stock like TAVA.



To: threadneedler who wrote (14031)4/4/1998 4:24:00 AM
From: Mr Logic  Read Replies (1) | Respond to of 31646
 
Threadneedler, re your logic:
>>Someone recently posted concerns that TAVA's market cap wouldn't sustain much
higher price levels...not to worry! As one of many examples, consider a company called
USANA (USNA) which has a market cap of $185.2 vs TAVA @ $263.2. USANA
sells for $29 a share, TAVA at last count, $13. Plenty of upside.<<

Either you are joking (sadly I don't think you are) or you are displaying a frightening ignorance of the relationship between stock price, market cap and shares outstanding. Even more frightening that no-one picked you up on it. TAVA has about 20 million shares outstanding. One share is worth one twenty-millionth of the company. If there were 10m shares, TAVA at $26 would be 'the same' as TAVA at $13 now, because you would own one ten-millionth of the company, twice as much. Or if they had 40m shares out, $6.50 would be the same price.

>>Looking through an old portfolio, I noted that SYNT was languishing in about the same
range as TAVA (13's) in September of '97. It's now 48 with a 3/2 split on the horizon. I
took a pass on SYNT at the time...won't make the same Y2k mistake with TAVA. <<

Ditto, it is a mistake to make this comparison. Stock price is meaningless unless related to shares out.

Here endeth the lesson.