SI
SI
discoversearch

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


To: Captain Jack who wrote (23537)9/24/1998 3:19:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 31646
 
John,

This is what I am worried about. Money flow does not indicate the necessary influx of new money to lift this stock through the considerable resistance and overhead supply of shares that exist.

I would agree that TAVA would be looking ready for a breakout, were it not for the significant factor that many of its shareholders bought this stock at higher levels and would merely be satisfied with recovering some of their principle.

Not down on the company, just realistic about prospecits until the company can strut its stuff enough to attract the institutions again.

Regards,

Ron



To: Captain Jack who wrote (23537)9/24/1998 3:39:00 PM
From: Karl Drobnic  Read Replies (4) | Respond to of 31646
 
The CFO's statement yesterday that TAVA is now able to pursue traditional bank financing was a good piece of overlooked news. At the time of the Tandem financing, TAVA said it was an interim step towards traditional bank financing. Now the CFO says it is next up in the financial batting order. TAVA has come a huge distance in the past 18 months regards its financing. With bank financing, they will take another big step - no more warrants, cv pfds./debt, high interest rates. TAVA continues to deliver.