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


To: ROBERT H RICHMOND who wrote (15917)5/4/1998 4:00:00 PM
From: Tim J. Flick  Read Replies (3) | Respond to of 31646
 
Triple digit seller shows up on Tava late! Dean Witter Offer!
No market maker tricks here. They are reflecting and order probably retail. Stock awaits earning and CC.



To: ROBERT H RICHMOND who wrote (15917)5/4/1998 4:02:00 PM
From: John Miz  Read Replies (1) | Respond to of 31646
 
Don't usually announce additions or subtractions from my portfolio.

But decided to add a few more Tava shares today. Seemed like the thing to do. We shall see.
Now just waiting for earnings and CC on the 12th.
Good luck to all.

John



To: ROBERT H RICHMOND who wrote (15917)5/4/1998 5:14:00 PM
From: Norman Stone  Read Replies (2) | Respond to of 31646
 
Robert, bid vs. ask size can be a false indicator, particularly when trading is slow. Sometimes you can detect a bottom, though, when BOTH bid and ask volumes increase dramatically. An upturn usually means renewed buyer confidence that a bottom has been found, but it also runs into increased selling traffic as it moves up.



To: ROBERT H RICHMOND who wrote (15917)5/4/1998 7:30:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 31646
 
Robert,

Actually, given TAVA's past history of trading (ex: $11 to $12), having a large bid size on average but little movement might be construed as bullish.

We have seen several instances were TAVA has been manipulated for the purpose of accumulation. I suspect that the accumulators are shorting TAVA when it goes to $13, applying selling pressure and then covering their short positions at the limit price they were targeting.

It not fun and it makes some folks nervous, but it DOES solidify support at this level and set the stage for a larger move up (hopefully around the earnings release and CC).

The only thing that frightens me at the moment is an Asian meltdown and I watch the Nikkei very closely as well as S.Korea.

Regards,

Ron