Roger:
You have touched on a point to which I have been giving considerable thought. You can not hear or read any investment professional these days without them saying how we have been in an extraordinary period, but one which can not continue. We may have good markets in the future, but the past few years have been very unusual, not to say very profitable. A friend in the business tells me he has trouble convincing people he deals with not to expect the types of returns we have seen in the last few years. Even the WSJ had a recent article about how some people were almost addicted to the projection portions of Quicken or MS Money, etc., seeing themselves as retired millionaires.
Given that reality, where are people going to look for "big" money. To keep their clients happy, are brokers going to have to start looking at smaller cap stocks? As the Baby Boomers realize they didn't save any where near enough, are they going to start looking to hit a "home run?" ETC, ETC.
What this tells me is that a company with exploding earnings, a product that fits a "sexy" niche, a product which can be seen as dealing with a real problem, etc, is going to be very appealing to all those kinds of folks.
Obviously, I feel TPRO fits that description, at least potentially. It is a play on the old saw: "It's the only game in town."
TPRO ain't the only game in town, but it sure is a loner in so many ways. Like many of you, I was struck by the enthusiasm I sensed/felt/heard in the voices on the conference call. I truly feel they have understood this golden opportunity, and I only hope they know how to run with it.
Q: How can we, the early investors, build on this? Refer potential clients, write letters to the editors about Y2K, and in general, agitate as best we can.
To quote that great sage, TMex, GO TPRO!!!
KLN |
