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

To: Karl Drobnic who wrote (17571)	5/23/1998 2:07:00 PM
From: threadneedler	Respond to of 31646

To all: I've never been comfortable with the "I told you so" mentality, so if the following turns out to be true, I promise I won't say, "I told you so." TAVA is my only 'investor' stock. Otherwise, I'm an active (albeit modest) trader. I'm talking average trader here, not those SOES rocketeers. I have just made a bet with myself. At the end of the year, based on Friday's close, I will get a higher percentage appreciation on TAVA than I will on any of my in/out trading stocks. I still think TAVA's strongest 'fundamental' is the re-emergence of Tim, Patrick and Doc on the buy side.

To: Karl Drobnic who wrote (17571)	5/24/1998 3:50:00 PM
From: Trebor	Read Replies (1) \| Respond to of 31646

Karl: I've followed the debate of the June 10 vs. Nov. 15 options and wondered why not split the difference with the Aug. 12.5's. That's what I'm looking at. When the stock was at $10, the Aug 12.5 premium was $1.25. By my math, that's a 35% return if I get called out -- or 11.67% per month, or an annualized return of 140%. Not bad. I was personally delighted when they started offering options on TAVA -- to the point that I doubled my position. I plan to stay long on half my position and sell covered calls on the other half. I have found this to be a very good strategy with stocks like TAVA. If it runs way up, I do well on my long position; if it stays where it is, I make a few bucks on the covered calls.