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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: BarbaraT who wrote (6259)6/17/1999 4:20:00 PM
From: John S. Baker   of 6931
 
"News" has been shown to affect this stock's price not a whit. The only news which will have much effect, IMHO, is the news that we have been accepted by the SEC as a fully-reporting company -- perhaps November or December at the very earliest?

In the meantime, pump and dump efforts made now will bleed off cash needed in the future and might well dilute the effect of real earnings news when it does come.

In the interim, our investment in TSIS is "dead money". As an "angel investor", I am comfortable with this. And I reckon by now that most of the "gotta make it quick" investors have fled elsewhere. If so, that is a good thing, in the long run, as it leaves the TSIS stock in good, strong, stable, patient hands.

I recognize that you have been at this with TSIS longer than I and that you have a bundle invested in the company. I am a great fan of sleeping well at night, and have sold many, many stocks far too early just because I didn't want to ceaselessly worry about them. I still am long in TSIS.

JSb
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