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Microcap & Penny Stocks : Telesciences TLSI formerly know as Axiom Inc. AXIM
TLSI 4.540-4.6%Feb 9 3:59 PM EST

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To: Ron McKinnon who wrote (14)11/8/1997 7:57:00 PM
From: kvogel  Read Replies (1) of 156
 
Ron,
You got a great price. This stock has been in a downturn almost every day since the bad the news was announced. I'm sure there were lots of dissapointed investors who bought around 12 at the initial offering. There is probably also some tax loss selling since many people have profits in other stocks they bought to trade off. It will bottom out and I feel we are near based on volume pickup. Earnings will be out next week or early following week so this should clear up the picture. At current prices the upside potential outweighs downside risks. The company has been around a long time and has sizeable customers. Changes in the telecommunications industry and ability to track cellular phone calls should help in the long run. Many of the big companies are now outsourcing for billing functions.

Karl
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