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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: gregor who wrote (6886)10/13/2000 6:33:34 PM
From: ER Doc  Read Replies (1) of 6931
 
What a great day in the market!!!

``Following the fifth-worst drop ever and amid exploding Mideast tensions, the market appears oversold to some. The U.S. economy is still strong, consumer confidence remains high and productivity growth remains in gear,'' said Alan Ackerman, senior vice president at Fahnestock.

Today may not have marked the end of the bear market, but I think it is at least the beginning of the end.

For those who say there is no connection between TSIS and the Nasdaq, there certainly has been this year. First a run-up probably ahead of its true value in the first few months, then a gradual decline through the summer, then a sharp capitulation in October. Now today a nice bounce-back. I swear, our baby is growing up and acting more and more like a Nasdaq stock, which it will soon be!

One last thought: Next year it won't look much like the Nasdaq any more. There is no way the Nasdaq is going up 20-fold!!!
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