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Technology Stocks : TSI TelSys Corporation - Satellite communications
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To: Robert who wrote (195)11/3/1999 4:30:00 PM
From: Ron Struthers  Read Replies (2) of 241
 
Well Robert, I guess we will have to agree to disagree. I am not aware of any promotion the company has done and that has always been an issue with this stock. The only thing I am aware of was an e-mail
blast from one of the financial web sites. I think it was Stock House, it generated no buying. As far as I know, I am the only newsletter to follow this stock. Since I have not made any money
and I know of no promoters I fail to see who made much money on this stock.

I will agree with you that few investors made money and I would say very few, other than perhaps a short seller has made money in this stock.

There has been practically no action in this stock since the
news came out about the US defense dept contract when the stock ran to a high of $3. With fundamental news like this, I was expecting the stock do go higher after some consolidation. However, there has been little volume since this news which makes it hard for anyone to make much money when the stock has been in a steady decline.

From what I see, the stock seems to be extremely under valued, considering their technology, increasing revenues and a move to profitability.

Do you have any opinion other than what I have come up with on why the stock is so cheap? I am not sure what you mean by there is nothing much behind the stock?

Ron

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