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

To: Hawkmoon who wrote (14321)	4/7/1998 1:42:00 PM
From: Craig Rogers	Read Replies (3) \| Respond to of 31646

OK: Y2k talk will be on CNBC any minute Craig

To: Hawkmoon who wrote (14321)	4/8/1998 5:35:00 AM
From: Mr Logic	Read Replies (1) \| Respond to of 31646

Ron, (doing catch-up), >>You're basically telling us that we paid too much for TAVA which equates to irrational behavior<< Not really... that is the same as saying it was irrational for me not to buy at $8. If I bought TAVA at $11, that would be irrational behaviour, as applying the knowledge I have acquired to my experiences tells me to sell. (that sounds pompous, it is not supposed to) >>If the entire IIT market was only 200 million, I would say that your case had merit, but it doesn't and TAVA is positioning itself to capture ever greater quantities of that marketplace using Y2K as their "foot in the door".<< I agree in principle, and believe it will happen to some extent. But I think you have to acknowledge the main inhibitors. IMO one is presence, the other is the product. Their exposure will be related to the number of feet they can get charged out over the next couple of years, and that is limited. It will also be related to the success of the CD leading to some awareness. The CD is interesting, but a bit 'Mickey Mouse' for large companies and expensive for small ones - I don't see that it will be particularly successful. >>Since when has ANY stock with the client list that TAVA is signing EVER merely traded at $5, especially when they are progressing towards greater profitability.<< I'm tempted to answer "TAVA, in December" but I should point out that a $5 stock price is totally meaningless unless related to the number of shares out; and the relationship between price and client list is also meaningless unless related to $. You should see my client list, but I am not worth $250m. It is not 'inane thinking' - of course a premium makes sense for companies with potential. TAVA's premium is far, far too large at this stage IMO. The book value is just over $1 a share and there is no history of earnings. So $10 of the share price is "potential". At these prices, longs are gambling, not investing.