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


To: jwk who wrote (30088)4/6/1999 6:43:00 PM
From: Tim J. Flick  Read Replies (2) | Respond to of 31646
 
JJ has got to be red faced with this close!

Looks to me like small cap fund heading for the exit with redemption's running above
Normal. Sadly, fundamentals do not matter in many small-cap stocks at present. With
the start of a new quarter, many small cap investors have thrown in the towel and
directed their fund managers to move the money. In turn the fund manager must make
liquidation decisions and Tava's name was drawn. Seller looked unfinished at the close
and more downward pressure looks to be in the cards. Long term investors should
begin to scale into Tava in this area. Traders should be looking for selling market
maker (Bloomberg) to go away. Good luck!!