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


To: Captain Jack who wrote (30006)4/5/1999 2:56:00 AM
From: Marc Newman  Read Replies (1) | Respond to of 31646
 
Are you under the impression that when a security becomes non-marginable at most brokerages (ie, closes under $5) that it causes huge margin calls? It's not so. I just get the feeling that you believe this from your multiple references to the $5 figure. It can be hell on one's buying power but only creates incremental margin calls at worst.

I would also speculate that most people learned their margin lessons just a few months ago with that short yet severe small cap bear market we had. And I agree with another comment of yours this week, that TAVA is still a microcap. It doesn't help on the pr front, for sure.

Nonetheless, I think that TAVA has been dragged down by sector woes, woes that don't seem to be affecting TAVA operationally. Ie, I still believe that TAVA will show growth in FY 2000 over FY 1999. Seems to me that the time to buy is when everyone is negative and when a good, growing company is getting banged down simply by association.

Congrats on your good trading,
Marc