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


To: PJr who wrote (28442)2/18/1999 9:10:00 PM
From: Larry Brew  Respond to of 31646
 
Pat, << dump now buy later >> Good point. One I like because it
means a temporary dip. If it can't be held down long term, I'm one
happy camper. Hey, trip 4's TED!
Larry



To: PJr who wrote (28442)2/19/1999 9:19:00 AM
From: JDN  Read Replies (3) | Respond to of 31646
 
Dear Pat: Well, huge volume with NO BAD NEWS to me is a good sign whether stock goes up and down. Why, because it indicates there are buyers out there. SOMEONE has to be buying all that stock. I should point out on or about 4/24/98 TAVA set its all time intraday high of just under 15. Makes sense to me it could happen again. 3rd qtr earnings will be out likely no later than 4/15 (45 days after qtr end). I think they may beat the estimate of I think 13 cents handily. Why?, because they still have a 9 million NOL carryover. I know there is complicated calculations as to how that is utilized but I just have a feeling (not sure though) that there will be a way they can continue to set up a "Deferred Tax Benefit" if that is so much of the earnings if not all will AGAIN be tax sheltered. In any event I seriously doubt they will be FULLY TAXED as the analyst current estimate assumes. If that is the case, they could earn as much as 27 cents a share again or maybe as little as say 16 cents. Either way, it will be a strong indication that the original estimate of 77 cents for the year will be substantially beaten. Also by 4/24 the should have wrapped up in a stronger package the Airport and I2 deal not to mention whatever else comes along such as expanding the USPS contract. I guess what I am saying there is the POTENTIAL for some very good news to become available in conjunction with the 3rd qtr. If TAVA management handles it well I can sure see another run here. JDN