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Technology Stocks : TSI TelSys Corporation - Satellite communications
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To: Robert who wrote (173)8/10/1999 11:13:00 PM
From: Ron Struthers   of 241
 
Hello Robert, I am looking for news in the 2nd half on the Lava Logic division. This might attract a major tech company. TSI just reported it's 2nd profitable qtr., althoung small profit, they are controlling expenses well.

TSI is in a high growth industry and although the strong sales growth has paused, I expect it will resume again. I also agree with MFs comments that we could see continued weakness if some of these escrow shares come onto the market. The stock has been holding a bottom here around $0.40 as the whole tech sector is going through a major sell off. This looks to be positive with the only real threat on the stock price being the escrow release. Will be interesting to see how the stock trades this month.

Ron
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