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


To: Captain Jack who wrote (21510)8/1/1998 6:48:00 PM
From: Starwalt  Read Replies (3) | Respond to of 31646
 
After Fridays move up,What do you think it would take to take this stock down to $4.Do you see something looming?

Gary-



To: Captain Jack who wrote (21510)8/2/1998 8:14:00 AM
From: JDN  Read Replies (3) | Respond to of 31646
 
Dear John: Well if it gets to $3 it'll be below what you and certainly I paid originally back in mid 1997. Remember those days? Didnt know from day to day if the company was even going to survive. We are WAY past that now with a HUGE backlog. Not saying it cant happen, anything can happen, but I think you have to admit the upside potential FAR exceeds the downside risk. Incidentally, the PALM BEACH POST had a long article in Sundays business section about shorts and how they take a company down. Mentioned a fellow named Arsenio who I guess has ruined some companies. Also mentioned that one what to hand the shorts their shorts is for all LONG investors to DEMAND delivery of their shares. This dries up the availablility of shares to short and causes shorts to HAVE TO BUY the stock immediately. JDN