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


To: baggo who wrote (22847)8/30/1998 8:33:00 PM
From: Rick Bullotta  Read Replies (2) | Respond to of 31646
 
Last I saw was a consensus estimate target of $0.07 (0.04 and 0.10), so 0.04 is death. $0.07 is marginally acceptable, but in the general market climate, and the fact that TAVA is a speculative small cap, simply hitting the target probably won't bring a lot of price action (and any that it does bring will quickly be "corrected" by the profit takers/loss-limiters). If the earnings are good, sell within a day or two, if they are bad, hope ya have a stop limit in.

The "flight to quality" is continuing, and I don't think it would be wise to classify TAVA in that category today. I've heard a few (unverifiable, as yet) nasty rumors as well that are enough to keep me out. I would prefer not to elaborate, but I've passed them on to a couple people I think have access to the sources to confirm/deny 'em. If there is any substance to them, I'll share. Otherwise would be inappropriate.

There is simply no excuse for not posting numbers in excess of $0.07 other than sheer mismanagement. Let's remember that there aren't a whole lot of quarters left to milk the Y2K cow, then it is back to low margin plant floor systems integration work.

Now is the time. No excuses. If they can't impress me with some positive bottom line results this time around, this stock will never see another penny in my portfolio.

"Screw me once, shame on them, screw me twice, shame on me".