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

To: R. Bond who wrote (14077)	4/5/1998 5:26:00 AM
From: Mr Logic	Respond to of 31646

Robert, you are right that the biggest risk here IMO is with investor sentiment. Barring an absolute blowout quarter for TAVA - $20m-$30m+ revenues - I don't think there is much to fear on fundamentals. This is part of the risk/reward equation and is one reason I have only a 1/4 position in TAVA. I can get out at my leisure if I need to, or I can increase my short accordingly. I feel that year 2000 stocks have gone a long way - I remember about two years ago when DDIM became a 'hot stock' on Compuserve (before SI really got going). It seems that we have been through a few cycles and have seen the rise and fall of some stocks (DDIM, ZITL, PRST, lately ACLY, PTUS). Momentum and story could take me out here, but I have decided it is a reasonable bet at this stage. The unequal (weaker but feasible) argument is that some early big disappointments will lead to a big sell off of the stocks. And the overall market could also correct of course. My original intent (I only turned to Y2K shorts a few weeks ago) was to try and pick off one or two of the weaker ones - ACLY was an obvious target above $25 - but wait for probably Sept/Oct before moving a very large part of my exposure to Y2K shorts. Patrick.