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Technology Stocks : TSNG LAb (TSNG)
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To: Sandy Meade who wrote (230)4/29/1997 10:45:00 AM
From: Jim Tergis   of 276
 
Reasons:

1. Very little to be gained by punting at this time.
2. All early (very) indications are that the ET6300 is going to be a winner.
3. Most money is made when company blood is flowing freely in the street.

I'm afraid your market assessment ignores the potential for the whole graphic development industry even if Tseng does not participate. Identification of current trends (or found hot spots) means "bargain" stocks are more very difficult to locate. The graphic development industry will be spectacular for years and years to come. THIS INDUSTRY WILL MAKE MONEY! The convergence of TV & the PC (ET6300) is going to be a significant part of the immediate future. I believe it is normal for this industry to have volatile swings as technology evolves. That doesn't mean there won't be some difficult losses along the way and Tseng could be one of them but I don't think so. I believe their (Tseng's) last failure was not a technical failure but a very expensive failure in market recognition. They are now in focus and have another opportunity. Risky- YES! Rewards- YES! When- NOW. But not for the faint of heart or uninformed stock hobbyist or any needed funds. Only Bingo money should be here.

Would Joe Pa play this game? You bet and he'd produce a National Championship Contender with it too! But in the hands of Tseng management we will also need a little luck. Certainly better luck than my "Coast-To-Coast" luggage had this past weekend even-thou I never left the East Coast.
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