Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: kfdkfd who wrote (21235)	7/28/1998 10:04:00 AM
From: Karl Drobnic	Respond to of 31646

RENN: I checked its 10Q because Tava's price action in the decline seems similar to that of last year when Ren. Cap. took profits . They sold the shares through a firm that dumped them out on the open market, and until those shares found their way into firm hands again, we saw a lot of poor price action in the face of good news. RENN's base price is somewhere around $1. The Ren Cap funds owned a huge chunk of TAVA from doing several rounds of cv financings when TAVA was buying companies. From Ren.Cap.'s perspective, TAVA is now far along in its product commecialization stage, and not a fit in Ren. Cap's "get in early" portfolio. Tava's price action this summer resonates with similarities to what we saw in the previous round of Ren Cap profit taking.