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Non-Tech : Turnaround Plays

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To: Robert Graham who wrote (142)12/8/1997 11:45:00 AM
From: David Alan Cook  Read Replies (2) of 206
 
Some possible turnaround companies: MTEL . .TSSW . . HNV

1) MTEL - Trying to breakout. Has tested $18.25. Need to see volume pickup. Nice Chart. New Technology offers promise of a turnaround. Insider Buying. Negative EPS But analysts seem to like it as they continue to raise eps estimates ( lower loss etc )

2) TSSW - Real Cheap from a fundamental view as it sells for about 2 times cash. . two time Book and two time Sales. Good Insider ownership . . 3 new products. Looking for a return to profitability soon. . . 4th qtr IMO followed by a strong 1st qtr. Watch for some international agreements. Good products. . needs a big marketing brother/sister.

3) HNV - Big insider buying and improving outlook for eps . . Watch for its first profit in the 4th qtr.

DC
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