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

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To: bgavlick who wrote (674)1/31/1998 6:28:00 AM
From: Michael T Currie   of 6931
 
> the interesting thing is there were buyers for all the shares sold today and a bunch of market maker action going on between the bid and ask price. Overall it was a very good day for TSIS (biggest trading day yet), 2,773,000 shares. Bill, You are absolutely right. The stock showed incredible strength to absorb all of those shares. I'm just wondering 1) what sort of individual owns that many shares and 2) was foolish enough to dump them all on the market at once, particularly when the stock had been showing signs of a rise. He/she either was desparate for the money or knows something. I have to believe its the first. Thanks for the update regarding revenues. Will look forward to your posts on 'Recent Developments' and the annual meeting. Mike
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