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


To: waldemar cyranski who wrote (15256)4/22/1998 9:19:00 PM
From: Tim J. Flick  Read Replies (1) | Respond to of 31646
 
Not Enough Sponsorship!
That is why you get these volume surges after an announcement, then back too lower volume days. One would think that with the fairly new institutional ownership that some analyst would pick this stock up and start touting. The answer my friend is investment banking fees. Tava did their last fee based transaction with Hanifen Imhoff. They subsequently wrote a research report recommending the stock. In another words the houses with the financial clout that can move some of these dogs to the moon will not recommend TAVA without at least a promise of IB fees. That is how the street works.. like it or not.