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


To: Karl Drobnic who wrote (27695)2/9/1999 10:10:00 PM
From: Tim J. Flick  Read Replies (1) | Respond to of 31646
 
Ok! so we got the Blowout Number... Now What??

Afteral, we are not in this stock because we like conference calls and balance sheets, albeit, it's part of the game. My best guess is that the large short position that has been building over the past two months, was betting that they might have to sweat out a couple of good earning reports but that the stock would discount the large present revenues and earnings, and that they would be able to control the market without the big money stepping into the market. The shorts bet is that the big money would not buy Tava because of the turn down in y2k revenue after Jan 2000. After hearing today's CC management is attempting to dispell the temporary revenue theme. If JJ can convince the big money that he can keep this pace, "Look out Alice" . This is JJ's task.... I hope he has a plan.