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


To: gamesmistress who wrote (20923)7/21/1998 10:09:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 31646
 
Well Gina, I understand your feelings and you never know if you have found the absolute "bottom" in a stock.

But TAVA is trading at the bottom of its current price channel and the last time it hit $8 we saw an immediate volume reversal (aided by a timely news release).

What the shorts fail to take into account is that TAVA has only announced a select portion of their contracts. Others have apparently remained silent, probably due to legal constrainsts. There is no way of knowing exactly how this business will impact current quarterly earnings.

But we all have to admit one thing, this is the quarter that TAVA needs to bring home the bacon and meet or exceed analyst expectations. When the market rotates in October-November from window dressing and end of year portfolio arranging, TAVA will have prove it deserves a place in a 1999 stock portfolio (given the chaos that is bound to strike next year).

Regards,

Ron