> I think you'll find it worth your time to give them a call. Also, if you haven't tried their info-line, you should call 888-812-2020.
Melinda,
I would second that suggestion. Call the 888 number. It will give you a better idea of what TSIS is all about than any of us could. I have been investing for about 15 years. This company has more potential backed up by hard news than just about any that I've seen. The share price has not yet responded to the various deals.
Look at it this way - last July the price ran up to over a dollar on one thing only, the rumor of a deal with AT&T. Today, that deal is done, more apparently coming from the same company, several other major companies signed up and revenue generation has begun. Those revenues as they stand should just about cover operating expenses, so the share sales should stop or may already have done so (Fred, could you check on this next time you talk to them?). Profit margins seem to be very high, so most of anything beyond the initial AT&T contract is money in the bank. We have a $10.4MM company (market cap) that could very well generate between $3-5MM in net profits over the coming year. Those last numbers could easily be conservative, but the company has not yet estimated revenues from USPS, Ascend...
Obviously, you have to decide for yourself. Whatever you do, don't buy in expecting a very quick buck. It may happen, but the history of the share price will tell you that it's less likely than some of the micros that are massively hyped and then dropped. This thread is comparatively quiet because its contributors don't engage in rampant speculation. If there is no news, either published or verbal, there are relatively few posts. This must be the most patient group of BB investors in existence <g>.
Anyway, welcome to the thread and please do not hesitate to contribute in any way.
Mike |