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

To: cardcounter who wrote (22392)	8/19/1998 10:53:00 AM
From: Joseph J. Valenzuela	Read Replies (1) \| Respond to of 31646

I don't believe all the argument that short-sellers have driven TAVA down. The short interest on this stock is only ~1.5X average daily volume, or 1 1/2 days to cover. I've followed stocks like CHS Electronics where the short interest was over 10X average daily volume at one point. Of course it put downward pressure on the stock; however, it never got wrecked as TAVA did from $14+ to $6+ today. The shorts haven't been controlling TAVA, just the bears and the bearish sentiment. Weak hands. I hope those who piled in during the past two days aren't in for the quick "pop." If so, then it's time to feel nauseated again. If today is a down day, I would attribute it more to profit-taking than anything else. 25% in two days?? Only if I could be so lucky!