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

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To: Ciao who wrote (892)11/20/1999 11:14:00 AM
From: John Trudeau  Read Replies (1) of 1762
 
Ciao, good observation (re: JV). IMO, this isn't the JV we've all been waiting for, however, it may be tied to a larger deal. I speculate there's a good chance we'll see a barn burner of a press release after the GEM listing and IPO complete. I believe the "big deal" is subject to this happening. Remember, this is only speculation, but I believe it makes sense. If this wasn't the case, and Geoff's IPO numbers are correct, I would say the valuation of TS International is too high. This overvaluation is probably not the case however, as investors wouldn't pay the amount anticipated in the IPO if it was.

On a related note, I like their revamped web site. It's not perfect, but it's an improvement. What they've done with their site is consistent with their '99 Annual Report. They're paying more attention to image, and positioning the Company for the future. This bodes well for shareholders.

Regards,

JT
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