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


To: Jack Zahran who wrote (23835)10/8/1998 10:38:00 AM
From: Bald Man from Mars  Read Replies (1) | Respond to of 31646
 
down 1/2 to 3 ...
so 6 more days to nothing ...



To: Jack Zahran who wrote (23835)10/8/1998 11:01:00 AM
From: Captain Jack  Read Replies (2) | Respond to of 31646
 
Jack --- you bare correct. It is about the entire mkt not just tech. The problem with TAVA is it has no good history and had many things been done differently over the past 18 months it would have been much higher before the fall. There is nothing that can be done to rescue it. The others like CPQ, LU, and others people will run back into. Even small caps with good history and hope over AND beyond the next few years. TAVA lacks all the above. Many, but surely not all, have corrected and will rise from a drop. TAVA has set a base. It is known as a 5 dollar stock soon to be known as a 3 dollar issue.



To: Jack Zahran who wrote (23835)10/8/1998 12:54:00 PM
From: Rick Bullotta  Read Replies (1) | Respond to of 31646
 
Jack:

For what it's worth, I don't think anyone expected this fantasyland of outrageously inflated prices to be maintained forever. The tech stock multiples were simply not warranted, but as long as the boomers were willing to invest and the brokers could make their money on the churn, no one was willing to stand up and tell it like it is. And the "churn" in techs/OTC, as we all know, is a scam in and of itself, but that's a topic for another rant.

Well, now reality has set in, with the impetus coming from other problems in the global economy, but nonetheless, it forced a long overdue correction. This market boom was, in many ways, a Ponzi scheme on the grandest scale. Which is a bummer if you're the ones holding the bag when it is time to close up shop. And that's what we're seeing now.

Let's face it: Tech stocks and other speculative investments have become modern day lotteries and blackjack tables. With the only difference being that sometimes you get to peek at the next card coming <g>, but let the SEC try and enforce insider trading laws nowadays - it is a complete joke.

One-level-removed insiders and golfing-buddy analysts are trading each and every day on what would clearly be considered illegal insider info, but again, the constant rain of gold from above has caused everyone to turn a blind eye.

Hey, sometimes you win, and sometimes you lose. Who knows, maybe people will actually have to *earn* some money from now on! <g>

Many of us lost a ton, but hey, that's life. If you can't risk it, don't bet it. Simple as that.

Rant off. Gotta go check the water supply and make sure the contractors aren't short-cutting the lead lining in the emergency shelter...<vbg>.

See ya round.

- Rick



To: Jack Zahran who wrote (23835)10/8/1998 5:19:00 PM
From: USRX888  Respond to of 31646
 
<<The entire world is seeing the worst economic crisis in the last 50 years>>

I guess you didn't live through the 70's.....back then these type of pennies would be worthless.........

You should have shorted when I told you too.........

Covered ..........good luck going forward...you are going to need it holding on to this puppy..........

USRX888



To: Jack Zahran who wrote (23835)10/9/1998 7:32:00 AM
From: Hawkmoon  Respond to of 31646
 
The entire world is seeing the worst economic crisis in the last 50 years.

Jack,

That certainly seems to be the case. TAVA holders should not think they are the only ones suffering 60-80% declines in their stock. KEA has been nailed for some 60% of market high and now is in the twenties. And KEA was named the WSJ's top performing stcck for the the past 10 years.

I waiting for later this month or in November before adding any positions in ANYTHING.

Regards,

Ron