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

To: Karl Drobnic who wrote (28480)	2/19/1999 11:51:00 AM
From: JDN	Read Replies (1) \| Respond to of 31646

Dear Karl: Yes, you are right MEP is a wild card. But being conservative as I try to be in these estimates, I give the wild card a 0 basis until it proves itself. Thus if anything good comes of it it only provides some cushion for things I may miss. JDN

To: Karl Drobnic who wrote (28480)	2/19/1999 4:21:00 PM
From: Karl Drobnic	Read Replies (1) \| Respond to of 31646

2,226 Tava Price Suppressants just expired worthless. The Feb. $7.50 and $10 calls just expired worthless. Together, they made up about 40% of the open interest going into expiration week. While these do not account for the price decline, those "short calls" that were in specialists' accounts represent a handsome profit for the specialists and a strong reason to keep a lid on TAVA's price. Those "short calls" that were in shareholders' accounts represent a handsome dividend for shareholders. The next "major" expiration will be the May options - TAVA is on the Feb-May-Aug-Nov option cycle. Note that the last "major" buying opportunity occurred prior to the Nov. expiration, and that TAVA rose nicely in December.