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


To: waldemar cyranski who wrote (28589)2/21/1999 11:36:00 PM
From: Karl Drobnic  Read Replies (2) | Respond to of 31646
 
What uptick market? The Russell 2000 is almost 100 points below where it was on May 1, 1998. It's been in a nasty decline since January. TAVA's relative performance is to rise faster than the RUT and decline faster than the RUT. As for Portland, if politicians are addressing the Y2k problem proactively, then it is a leading indicator that the heat from the public is on. That ties directly to perception. And it is the perception that TAVA will have decreased business after 1/1/00 that contributed to tanking the price. (Well, that and the government's recent regulations forcing narrower spreads in NASDAQ stocks, which has dried up the support that professional traders used to give stocks when spreads were wider.)