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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?
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To: froland who wrote (6877)10/16/2000 5:09:34 PM
From: gregor  Read Replies (1) of 6931
 
Supply at 1.50 on Level II is ample; so we sit around $1.50 on the ask. The bid is weak at 1.44 so look for the bid to drop to 1.37 in early trading tomorrow. Until news is released we sit. The anticipated negative earnings of 4th qtr. is already in the stock so year end results will not spook anyone. A news release coupled with anticipated monthly revenues of new contracts signed will move us higher to 2.50 3.00 if the surprise is a 'significant other'. Legitimate concern right now is cash flow so that issue should be addressed in the revenue projections, or forward sales figures.

Until , outsourced equipment is in operation I see no need to announce contracts. I would rather see an announcement that says we are revenue positive, all systems are "GO" rather than a preannouncement that says switchover will occur on Oct 17th and then followed by an announcement that says the system is having operational difficulties.

So the focus has shifted to the Operations trio of David Webb, operations, Doug Luke ,operations, and especially Larry Ohl, engineering and operations. We are going to find out very soon if the second tier of management knows their stuff; the focus has shifted away from Don Cameron.....gregor
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