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Why TPRO is now 50% of my portfolio:
I believe the key to understanding TPRO, is understanding their CD.
The CD will give TPRO visibility, and will be the hook that draws in work.
The CD is the constantly growing, evolving, updated, feedback-enriched compilation of the knowledge TPRO possesses.
General release of the CD is scheduled for November 15, 1997.
If you have an embedded system problem, you have two choices:
1. Do nothing.
2. Do something.
If you do nothing, and systems fail, no insurance will cover you.
I pitty your stupidity.
What can you do?
1. Call "the manufacturer."
They'll probably tell you to f*ck off, but let's assume otherwise.
If you are dealing with a manufacturer that has a soul (dime a dozen, right?), they may get involved - but alone?
Do embedded systems exist in isolation?
The manufacturer will coordinate with TPRO and/or one of thousands of mom and pop shops.
How will mom and pop shops know what to do? The manufacturer?
Both buy the $7000 CD.
2. Manufacturer can't help? Try to find out what you can do by yourself.
How? Buy the CD for $7000.
3. Don't have $7000?
Call TPRO, or one of thousands of mom and pop shops, and ask them what you can do.
How will the mom and pop shop know what to tell you?
They'll look it up on the $7000 CD.
But, you say: "TPRO will not dominate. This is because this field is very fragmented. Certain plant floors can be made compliant by changing a $9.99 EPROM chip."
I say TPRO does not need to dominate.
The problem is gargantuan.
TPRO simply needs to maitain its leadership position, and enlarge uppon its alliances that utilize the CD and TPRO y2k services.
Even a $9.99 EPROM chip needs to be located.
Locating the chip costs?
How will you know how to locate it?
Who will you ask?
Hmmm, how about TPRO?
But, you say: "Certain plant floors can NOT be made compliant at all. Certain plant floors have local fixes to "fool" the system and survive. Certain plant floors have close relationships with existing suppliers and ignore all others. Certain plant floors are controlled by unions and you know the stories associated with them."
I say certain plant floor must satisfy insurance. Certain plant floors must be protected against litigation. How many insurance companies are there? How will they know what "compliant" means? Where will they look it up?
Whom will they ask?
Hmmm. Why not TPRO?
How may lawyers will be involved in y2k litigation?
Which information compliance information database will they base their litigation on?
What's $7000 for a CD to an insurance compay, or a lawyer?
Are the insurance companies going to ask the thousands of mom and pop shops, or TPRO, or Flower Daniel?
But, you say: "TPRO has creative financing. Check its 10K."
I say true, getting less creative, and old creativity is winding down.
But, you say: "TPRO has insiders' selling."
I say correction: Ex-insiders are seling. Check the 10K.
But, you say "TPRO is NOT a Y2K stock, is it?"
I say that's a trick question: TPRO is both a y2k stock and post y2k stock. Comparable to IMRS.
But, you say: TPRO has a research thread, true. But it also implies that its value is NOT apparent to common folks. It'll take trained eyes and dedicated hard work to research its value. Since most investors are lazy (including me), I'd rather pick the easier sure shots with apparent products and earnings."
I say true, but "show me the money" will wake all of the above - right up.
But, you say: "Embedded systems are NOT yet in the limelight. Most companies just ignore them because they have better things to do, like fixing the real monster in the mainframe. Therefore, money flow first goes to the real monster and then to the less important embedded system, which in their minds is easier to tackle because little or no coding is required."
I say be carefull. Embedded systems are more important, no matter how ignored, no matter where the money is flowing now. Almost 1/2 of the y2k problem is embedded systems. It will be a harsh wake-up call when the fact that they are hard to find and fix hits home. By the time the lazy heads turn, the TPRO earnings will be?
But, you say: "Without the proper amount of money flowing into the embedded sector, earnings will be delayed until next year. Will it has the cash to survive this waiting period? Will it offer more shares to finance the expected growth? Will traders have patience to wait? Will they abandon it and go for the money (e.g. body shops)? I don't know."
I say I am told no more dilution in the near future.
Alliances and the CD are going gangbuters.
Lawyers and insurance companies will turn on the cash tap, or turn out those that don't ponny up.
But, you say: "I am not bearish on TPRO. Mad Monk said many times before that even pigs will fly. However, I detect the current market does not treat story stocks kindly and is even darn right rude to real Y2K stocks with fabulous earnings (IMRS). Will TPRO report big numbers next quarter? I don't know. Personally, I'll feel better when they can "show me the money". I might miss a coupla points by buying later, but I could sleep better. Therefore at this moment, I am neutral and I pass."
I say I have a limited investing budget. I have a feeling for what he numbers will be next quarter. How did I come about this feeling? I've done my research. I have no intention of buying after everyone else has done theirs, and the price reflect that fact.
I eagerly welcome any and all the holes that can be poked through my arguments.
They wallowed as pigs in a poke. --Chaucer.
Bounced Czech
(FBN - Conjectues.) |
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