Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (2953)	9/23/1998 5:38:00 AM
From: Bill Wexler	Read Replies (2) \| Respond to of 4634

Maintain my strong sell recommendation on TAVA I have noticed several posters have confused my bullish stance on the general market with a bullish stance on TAVA. Nothing could be further from the truth. I covered my TAVA short position some time ago at 5 a share. I recently changed my opinion about the market (including small caps) and have been an aggressive buyer of quality issues. I also covered many other short positions. TAVA is not a quality issue. I stand by my analysis of TAVA as a fraudulent stock promotion scheme. TAVA has consistently disappointed investors and is in terrible financial shape. TAVA was forced to obtain a loan from the notorious Sirrom Capital (NYSE:SIR) whose stock has recently collapsed amidst allegations of fraud. TAVA has also massively diluted its shares through the aggressive use of convertible debentures. I believe it would be dangerous to initiate new short positions in just about ANY stock in the current market climate, due to excessive pessimism, large put/call ratios, and large existing short interest across the board; however, I believe it is equally dangerous to buy and hold shares in weak companies such as TAVA. Investors should use this opportunity to sell into strength. If market conditions change...and if TAVA holds above 5 a share, I will probably revisit it as a short candidate.

To: Bill Wexler who wrote (2953)	9/23/1998 10:52:00 AM
From: Michael Bidder	Read Replies (4) \| Respond to of 4634

HEPH showing some strength! What,s up? Michael Bidder