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


To: Bob Ebel who wrote (22894)9/1/1998 11:29:00 AM
From: Captain Jack  Read Replies (1) | Respond to of 31646
 
Right you are --- OUCH! But as said all along this is just a gambel, not an investment, until they get a CEO and PR person. Supposedly they have some cash to buy companies but not for shares at this level. Add that to the insider buying confidence level and admit we picked the wrong mgmt team... it will rise IMO but never see previous highs again... from here it should be an easy double...



To: Bob Ebel who wrote (22894)9/1/1998 4:55:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 31646
 
<<What's going on here 3 7/8 . I have already averaged down twice and have no cash left to do it again. This is not good,>>

What's happening is very simple - and a common mistake made by many small investor who become victims of pump and dump schemes - you think that the "low" share price makes TAVA a bargain, you also think that "averaging down" makes sense. Unfortunately, TAVA remains grossly overvalued even at these levels - you are simply throwing good money after bad. Though you may find this hard to believe, you will make out much, much better in the long run if you sell 100 shares ot TAVA now and use the money to buy 5 shares of a company like Cisco, than if you hold on hoping for a miracle.

By the way. Why hasn't "C.K. Houston" (TAVA shill) posted here lately???????