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


To: Zebra 365 who wrote (14683)4/12/1998 10:49:00 AM
From: Tim J. Flick  Read Replies (4) | Respond to of 31646
 
Since it's a magazine article and not a company press release I would not be aggressive on the opening. When Tava made the KO announcement the market was gapping down that morning and I knew that I had a gift so I entered market orders. Magazine article's usually take a few days to circulate so my advice would be to not go wild on Monday.
The key to next week was something I saw of Friday when the market was closed. Did you see that H&Q went to a buy on INTC. If you were an analyst and you were afraid that INTC's earning (out tuesday) MIGHT be less than expected, WHY would you raise your rating to a buy? INTC could start the entire high tech sector on a good run next week. If this is the case TAVA should maybe test the old high. This does not take away my caution in the entire arena. I would say that at present a good rally in the high techs should be sold... as for TAVA... earning still 3 weeks away and would have my eye on that date. Should be great trading week next week... not time to position for long term.. you will get a much better opportunity before summer. Good luck to all!!!