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


To: RAVEL who wrote (24123)10/22/1998 4:12:00 PM
From: B.D.Bauden  Respond to of 31646
 
"IS IT TRUE....CAN WE NOW MARGIN TAVA?????"

I've been able to margin TAVA since it closed above 4 1/8.

Bruce



To: RAVEL who wrote (24123)10/22/1998 4:12:00 PM
From: JDN  Read Replies (1) | Respond to of 31646
 
TO ALL: WELL, WE DID IT, by the hair of our chinny chin chin we FINALLY closed above 5 at 5 1/32. I thought I detected a strong up current in TAVA in the closing minutes of the trading. If so thats a good sign I think. JDN



To: RAVEL who wrote (24123)10/22/1998 6:40:00 PM
From: Pierre Mondieu  Respond to of 31646
 
<above $5, can we now margin TAVA?>

Yep, and so can the shorts.



To: RAVEL who wrote (24123)10/25/1998 3:20:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 31646
 
IS IT TRUE....CAN WE NOW MARGIN TAVA?????

Only if you feel like haveing a margin call from a concerted Mmkr shortselling attack. I would wait until you see $7-8 strongly supported before giving shorters the ability to target this stock again.

Why?? Because there is still a very negative money-flow picture on TAVA. There is still the likely continuing tax-loss selling and long-term holders may use this upsurge to distribute their losing positions.

And ultimately, there is still the continuing uncertainty in the global economy which may find itself reaching climax should hedge fund investors take the opportunity to redeem their positions (which most only can do annually in December). Should hedge funds suddenly find themselves facing a stream of redemptions, I expect greater stress being placed on their margined derivative positions.

How about it Tim Flick?? What's your take on this (if you happen to read it)?

As for margining Ravel, I suggest caution and tight stops.

Regards,

Ron