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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO

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To: Far Side who wrote (795)9/26/1999 4:21:00 PM
From: speculatingvalue  Read Replies (1) of 1762
 
The Powercom site appears to be:

sparton.com

I like:

"The local manufacturing will also bring other substantial benefits to TSI, including lower product costs, higher gross margins, greater quality control, shortened delivery time, and lower import taxes and freight charges. With POWERCOM and related systems currently accounting for over 50% of our gross sales revenues, the potential benefits to TSI and T S Telecom are significant."

Even though earnings and sales are down, they've been doing a good job of improving their margins.

It is a good sign that the insiders are divesting themselves of the related companies. They also repaid the $1 million insider loan last year. I'm pleased to see things will be more transparent in the future.
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