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Microcap & Penny Stocks : TESCORP (TESC) = Undervalued Opportunity!

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To: timmy e. who wrote (62)7/3/1997 8:31:00 AM
From: timmy e.   of 206
 
Mkel and B-man,
Same type of trading as the previous day. Heavy buying in the last ten minutes of trading. I'll tell you, the technical charts look great for this stock. Over the past year or so, TESC shares have continued to climb on nice volume but then drifts down to the $3 per share range when trading dries up. Once we're able to crack the $4 range in combination with heavy momentum, I don't believe we see $3 a share again anytime soon (hopefully never!). I still believe an announcement of a financing deal (or a buyout, perhaps) is imminent sometime soon. How does this company upgrade its systems and resume their acquisition program without capital? Let's keep our fingers crossed. I really feel good about this stock. Any comments?
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