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

To: paul e thomas who wrote (21939)	8/11/1998 3:17:00 PM
From: Don Westermeyer	Respond to of 31646

There are much better 'value' plays than TAVA. TAVA is a crap shoot at best.

To: paul e thomas who wrote (21939)	8/11/1998 3:23:00 PM
From: Joseph J. Valenzuela	Respond to of 31646

Who cares about the bottom? The safest time to get in is when an uptrend is clearly established. Sure, you might miss 1, 2, or even 4 points, but you really should stack the odds in your favor. After all, it is your hard earned money. IMO, wait until MACD is above zero (with a nice, consistent uptrend), and then use stochastics to try to time an entry point. Love Tava's opportunity. Hate TAVA's chart. Unless the landscape changes dramatically, I don't foresee any good opportunities to go long. If anything, it might be safest to short TAVA during its next rally to the 13-day EMA. It tends to bounce off that nicely. Since the beginning of June, TAVA has closed above the 13-day EMA all of 4 times--and never with any conviction. Disclosure: I still hold a TAVA long position in my IRA account. This is the account where I will "stomach" volatility and laugh in the face of technical analysis. Happy to say that my cost basis there is $13 15/16. Hahahaha! Doing lots of laughing there! Best regards, Joe

To: paul e thomas who wrote (21939)	8/11/1998 3:37:00 PM
From: Don Westermeyer	Read Replies (2) \| Respond to of 31646

I see TAVA recently got a 'strong buy' recommendation. If it is legit, maybe there is hope for the longs.

To: paul e thomas who wrote (21939)	8/11/1998 5:48:00 PM
From: IVAN1	Read Replies (2) \| Respond to of 31646

Why I may buy more TAVA . . . background: I bought TAVA at roughly 5, 8, 10, and 12. Backed out of it at 9 and 7. Still hold a bunch of shares. I was wondering what to do thinking that I'd hold and maybe add on an upswing if they showed me the money. But as I posted above, my attendance at the Y2K conference in SF really turned me around. Hearing the head of IT for the state of California (a Fortune 4 corporation!!!) on embedded chips made me understand why the work hasn't been flooding in. He said they would know soon what their emb. chip status is. I asked him personally to give it a guess and he said he couldn't. He just didn't have the numbers yet but would soon and would post them. WHAT I LEARNED: the embedded chip problem is still in its early days. I will watch the trend and if it dips will buy more. I now believe this could be a great spec. opportunity. One great (scary) story he told. He said he called the IT head of the state of Missouri and asked what the state of their emb. chips situation was. The guy was miffed and told the Californian head, and this is a quote......"I don't do toasters." Great insight into the embedded chip problem, no? Best to all, Ivan1