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

To: JSI who wrote (27958)	2/12/1999 12:14:00 PM
From: Karl Drobnic	Read Replies (4) \| Respond to of 31646

Tava's "demise": TAVA is not alone. On May 1, 1998, the Russell 2000 was at 492. Today it's 406. On Jan. 8, 1999, RUT was at 431. So some of the blame can be shifted to market climate. Money is not flowing into RUT stocks, and there are plenty of examples, across several sectors, of Small Cap companies reporting record quarters only to see their share price subsequently decline. Part of it is certainly the ability of market makers to short shares without having to borrow them. They know that great quarters get investors expectations up, and the way to transfer wealth is to cause pain. The RUT sector is not broadly attracting institutional investors, so MMs are the muscle guys on the RUT beach. Check around at Small Caps reporting record quarters. Note the subsequent incidences of price decline. It occurs too often to be a random event.