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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration

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To: TopCat who wrote (2766)8/28/1997 12:19:00 AM
From: Thomas W. White   of 10903
 
The financials aren't the problem. The numbers for TPI's 1st year haven't ever been bright as far as I can remember. That's not it. Stan's post 2338 stated Pinetree has " 2 year restriction with a portion available for disposition after 1 year. Don't think Pinetree was the seller. That 100,000 share block is inconsequential as far as I can see. The trades before it happened set the trend that triggered this large block to move. The price trend of TPI has been declining since June. This simply appears to me as a culmination of price reduction. The people who hold this stock do it for quick gains. Investors unrealized positive business scenario's(which we all thought were forth coming) have iced and chipped away the price. I think we may have " dreamed the impossible dream". So now the price will have to find a new support level and new investor hopefuls. All be it TPI survives that is! I still feel good about this company. But I'm not buying yet.
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