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Technology Stocks : Trading TAVA -- Ignore unavailable to you. Want to Upgrade?

To: dennis reed who wrote (436)	5/20/1998 5:10:00 PM
From: JDN	Respond to of 655

Dear Dennis: My comment is ....CONGRATULATIONS, you made a wise move as it turned out. However, I was a buyer at 9 7/8, gave my reasons on the TAVA thread. Might go lower, at least thats what the technicals say, but I feel this stock is so strong fundamentally that I didnt want to risk it making a sharp upward turn and me miss this price. Time will tell if I am right or not. JDN

To: dennis reed who wrote (436)	5/20/1998 6:55:00 PM
From: Alastair McIntosh	Read Replies (2) \| Respond to of 655

Dennis - Re: Entry Point I too am looking to get into TAVA for a few points as I think that it could run up a bit due to contract announcements or some other hype. This best way to confirm a bottom is to wait for a reversal, then an upmove and then a pullback that does not take out the previous low. You miss the exact bottom but you risk getting in too early. There is no way of calling a bottom until a swing reversal occurs. A stock can stay "oversold" for a long time. Be patient - better a bit late than to be much too early. Al