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Technology Stocks : Trading TAVA -- Ignore unavailable to you. Want to Upgrade?


To: Rick Bullotta who wrote (558)7/30/1998 1:25:00 PM
From: Michael Baron  Read Replies (1) | Respond to of 655
 
I never saw a stock "molt" like TAVA is doing in the face of good news, etc. Let's hope the new feathers help this bird take flight again.

M.



To: Rick Bullotta who wrote (558)7/30/1998 5:05:00 PM
From: Dave Twibell  Respond to of 655
 
Rick - I tend to think that the long delay in announcing earnings could be a blessing. The market is so skittish right now that most earnings reports, even the good ones, are being met with selling (examples such as SYNT and MAST spring to mind). By September the market may be a little stronger, Y2K stocks may be less out of favor, and good earnings reports may again lead to strong follow-up buying (a lot of "ifs," I know). If TAVA comes out with good earnings (another "if") in such an environment, it could make a significant upward move. If it came out with such earnings now, though, it might very well have a negligible impact, especially if there really is a major seller who is not done yet. Then again, if this keeps up much longer, I might be begging TAVA management for a "we're comfortable with analysts' estimates" release.

Good luck

Dave