JDN, ...yet for this particular stock it seems ONLY the SHOW ME mode will work.
I believe this statement is correct. As I have written before, TPRO is not in the software side of Y2K. Everybody understands software; few understand embedded microprocessors.
People's minds seem to work best around concepts and ideas that are already understood. It takes education of the masses and the investing public to get them to shift their investments from the hardware paradigm to the software paradigm.
With few understanding the value TPRO offers, it will definitely take earnings to wake people up. After a great earnings report, they will say, "Hey what's with this little company?" A little momentum money will flow. A little DD too. And then this thing is going to rest a while longer, UNLESS something major happens where the embedded problem is made clear to the general public, AND there is a connection made to TPRO's solutions. A connection that TPRO is likely to be one of the few survivors in the Y2K war also needs to be made known.
Then, I believe, and only then, will this stock really begin to move. My guess is still late Spring to Summer for this to happen. I mean the news of our Y2K woes (as a nation and world) have GOT to come out sooner or later!
My biggest concern is that middle '98 will be too late to make the kind of profits we all have been hoping for. We have seen the workload forcasts on this thread before. And we have discussed the prevelant head-in-the-sand approach many companies are taking on Y2K.
I suppose some companies will opt to simply replace their controllers rather than find the problems and than have to replace the bad ones. This of course is TPRO's business, but there are many other companies that do these kinds of conversions too.
I, unlike many on this thread, am not planning to attend a millionaire's party for any time soon!
- Jim |
