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

To: waldemar cyranski who wrote (29611)	3/17/1999 11:41:00 PM
From: Captain Jack	Respond to of 31646

W C --- liquidity,,, TAVA is a low cost stock. It only trades an average of 400K shares a day. today was around 165K shares. If an institution takes a real position in an issue in this price range (not the token positions most of the 40 plus institutions own of TAVA) they would raise the price against themselves getting in as they need huge volume.By the same token they cannot get out quickly without dropping the price on themselves. Too many millions of shares is the biggest problem IMO. The price continues to be much too volatile for some also...

To: waldemar cyranski who wrote (29611)	3/18/1999 8:53:00 AM
From: JDN	Read Replies (1) \| Respond to of 31646

Dear Waldy: I see Capt Jack answered your question and I basically agree with him. My only issue is TOO MANY SHARES. This is a plus AND a minus. Currently a minus. However, if and when volume picks up to where it ought to be (I use 700k as my benchmark) then the amount of shares, looking at it from an institutional viewpoint is a PLUS. Why, because there is enough float out there that such large volume may not in and of itself create volatility. I know the traders love volatility but the buy and hold types, I think, prefer steady rise based on fundamentals. I think about 700k a day would create this environment. Right now this MINISCULE by TAVA standards volume cannot support the FLOAT. Thats my opinion. JDN