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.

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

To: R. Bond who wrote (25832)	12/24/1998 7:50:00 AM
From: S.C. Barnard	Read Replies (1) \| Respond to of 31646

I really think the 'if' will not be too big, as it always was. The runs before lost steam, but time and the new year are very much pressuring people to start thinking about y2k again! My gut is going out on a small branch here feeling we will not be back to 5 for a while, barring a steep market correction jmho.

To: R. Bond who wrote (25832)	12/24/1998 9:03:00 AM
From: James Strauss	Respond to of 31646

TAVAZON.Com... Countdown Has Begun... $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Bond: TAVA is just beginning its move... It has trendline resistance at 7.25... Then, overhead resistance at 10.25... A break from there takes it to the 13.00 to 14.00 former high... After that, earnings will dictate upward price momentum... At a current 1999 Eps est of .75 we get a price of 15.00 with a P/E of 20... We get 32.50 at a P/E of 30... With the expected earnings growth rate > 30, a P/E of 30 is not out of the question... It may even be conservative... Here is the daily chart: iqc.com. Note the lateral buying range in the 10.25 area... Here is the weekly chart: iqc.com. Note the prior high in the 14.00 area... That was made when the fundamental outlook wasn't as good as it looks today... Throw in a little Y2k mania, and who knows how high it could go... Jim