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

To: JDN who wrote (30127)	4/7/1999 12:14:00 PM
From: M. Frank Greiffenstein	Respond to of 31646

Buying the falling Samaurai sword... &*&)&)Q(&$ market makers, I&$(&@$) small cap value managers! Bought 5K shares at 4 5/32. TAVA has a history of moving up just prior to earnings release. I'll wait for this to get to 6, then write the Nov calls like Karl suggests. DocStone

To: JDN who wrote (30127)	4/7/1999 12:33:00 PM
From: Richard M. Jimmink	Read Replies (2) \| Respond to of 31646

JDN, I agree with your feelings,but will no longer support class action cases against management. Having been through a few class action cases, I average about $.08 on the $ 1.00. Guess where most of the settlement goes. Right, the lawyers. Dick

To: JDN who wrote (30127)	4/7/1999 1:55:00 PM
From: Karl Drobnic	Read Replies (3) \| Respond to of 31646

Takeovers: Two small-cap stocks that I own accepted buy-out offers in March. Both were at prices less than I think they are worth. One was less than the real asset value of the company, at least as I see it, but at a premium to the Wall St. value of the company. So my perspective is that small-caps are being bought up because they are bargains, and rather than getting a premium to the real value of the company, shareholders might find the company going at a discount to the real value. It's classic Graham-Dodd stuff: Find something that is selling at less than it's worth, figure out the reason (money is chasing momentum stocks), and then buy it up at a discount. Value abounds throughout the small cap sector, but I don't see any force that is creating rich premiums for buyouts in small-caps.