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Microcap & Penny Stocks : TEI Corp. - The TANK is rolling!! (NASDAQ: TANK)

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To: Bobby Yellin who wrote (7)12/3/1997 5:19:00 PM
From: JEFF CHAPMAN  Read Replies (2) of 50
 
Well TEI is again in the sweet spot to accumulate shares, seeing that it is trading below its cash level. I can't see much downside and keep this statement in the latest 10Q in mind:

FACTORS THAT MAY AFFECT FUTURE RESULTS

The Company is evaluating strategic and financial alternatives for
maximizing shareholder value. This may include, but is not limited to, an
acquisition or merger with another company that may or may not be in a business
complementary to that of the Company, a "going private" transaction in which
current directors and/or management would acquire the outstanding publicly held
shares of the Company, or some combination of the above alternatives. The
Company has not necessarily determined to pursue any of the above alternatives
at this time, nor are the Company's alternatives limited to the above items.
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