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Technology Stocks : TSI TelSys Corporation - Satellite communications

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To: Robert who wrote (165)6/17/1999 3:12:00 PM
From: Ron Struthers  Read Replies (1) of 241
 
Robert, I don't know how you come up with this. Remember the stock
was consolidated, insiders and everyone who put $$ into this did at much higher prices. The stock is near all time lows and trading volume is not active enough to support any kind of promotion.

The most activity in the stock was when the US defense dept contract was awarded and my report went out. Other than this trading has been slow and dismal. Some profit could have been made by traders back in December, since then the best way would have been to go short and I did not see what looked like much short activity.

This stock is too illiquid for a promotion game. I believe it is best played as a long term investment, buying when it is cheap and selling some when the market discovers it and perhaps the rest when the U.S. has deployed their missle defense system. According
to MF and the price we are at now, it looks to me that between now and the end of August could be a good time to buy and I intend to average down in this time frame.

Ron
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