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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?
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To: jmt who wrote (6311)6/29/1999 10:10:00 AM
From: Skip_S  Read Replies (2) of 6931
 
A secondary offering may help in the long term

Example: With TSIS generating excess cash every quarter, they may be able to do a stock buyback. Lets say TSIS buys back 1 million shares over the next 12 to 18 months. Then they approach a major brokerage firm. The brokerage firm then does a secondary offering of 1 million shares for TSIS. Now this major brokerage can recommend TSIS (gives TSIS a buy or accumulate rating) This gives TSIS that much needed visibility.

Still bullish
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