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


To: waldemar cyranski who wrote (21652)8/4/1998 3:57:00 PM
From: Joseph J. Valenzuela  Respond to of 31646
 
Waldemar, Is TAVA the first stock you have followed that has been cut in half? Why is everyone in the States so paranoid and place so much weight on conspiracies?

I saw AOL fall from $29 to $11 (split adjusted). Fidelity was very publicly unloading its AOL holdings big-time (talk about selling pressure!), and no one had anyone good to say about the company. Were those who bought at $29 victims of hypesters and fraud? They may have felt that way at $11. However, uh-hem, where is the stock now? $100+? I remember all the gloom-and-doom postings back then, too.

The stock market is inefficient. The inefficiencies allow us to make money both long and short. While Tava may not have generated tons of revenue yet, they are increasing their mind-share among the largest companies in the world. And I am betting that they will leverage this mind-share into the Year 2000 and beyond.