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

To: Tim J. Flick who wrote (21070)	7/24/1998 6:58:00 PM
From: Phillip Kelly	Read Replies (2) \| Respond to of 31646

How do you view Tava's tumble with the drubbing of the Russell 2000? I believe the Russell's back where it started the year. I have noticed that when Tava became marginable, it was a negative and not the positive everyone was predicting. Tava simply didn't have the numbers to be trading where it was at that time and with the big boys, but I believe it's arriving quickly. I never expected it to return to these levels and have been badly burned with a margin call today. I strongly believe that this is the area for Tava to solidfy itself for a strong justified takeoff, and can only express my disappointment that I don't have the resources to join the launch. I still have a small holding and hope all the longs hang in there if they can afford it. Good Luck to all.

To: Tim J. Flick who wrote (21070)	7/24/1998 10:37:00 PM
From: Olu Emuleomo	Read Replies (2) \| Respond to of 31646

I was a very short term investor in Tava today having purchased some $8 1/8 and $8 stock only to be stopped out 5 minutes later at 7 3/4. Stock tumbled as many stops were elected and panic set in. I was frankly surprised that it was able to close at $7 3/4. Tim, I see you are a pro. That stop loss was wise. I expect TAVA to open up and trade to about 8 3/8 or so on monday; where I will proceed to SHORT it. Take a look at the 250 day chart at moneynet.com and you will see that it is quite safe to short TAVA now. The stock has broken down and the bottom may even be as low as $3 although I expect $5. --Olu E.