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


To: Hawkmoon who wrote (20926)7/21/1998 10:25:00 PM
From: gamesmistress  Respond to of 31646
 
>> 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).

Yes indeed. I remember it dropping *very* briefly below 8 and then sproinging right back up to mid 8's, then back up to low 9's. Moved much too fast for me to get in at the very lowest. I consider anything 8 3/4 or below a good deal.

>>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.

Absolutely. I think too the conference call will be critical. TAVA management has got to show how it's using the Y2K revenues to restructure the company as it's said it's doing. Somehow it needs to counteract the "well after 1/1/2000 no one will need you anymore" attitude that also has been holding it back.