TSIS: WHAT IS GOING ON? Message Board

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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: Jamey who wrote (494)	12/12/1997 12:33:00 PM
From: froland	Read Replies (1) of 6931

Decided to buy and get my average cost down today. Hope I don't get another chance at these levels. Just a clarification to my previous post, since TSIS doesn't have any Asian exposure (to my knowledge), what's going on over there really shouldn't have an effect on our company. However, things like this provide a convenient excuse for MMs to have their way with a company. panicing investors don't help things either. I saw where Reuters posted the news clip from TSIS. Since they didn't post the TSIS posting verbatim, I thought I'd go ahead and post it: "Friday December 12, 11:10 am Eastern Time Interactive Telesis can't explain decline SAN DIEGO, Dec 12 (Reuters) - Interactive Telesis Inc said Friday it is not aware of any material change in its affairs that would account for the recent drop in its share price. Interactive also said it had prepared and mailed to shareholders audited financial statements for the past four years and would file the statements with ''appropriate governing bodies as soon as possible.'' The company said its statement comes in response to recent published reports that the Nasdaq stock market intends to remove up to 3,400 companies from the OTC Bulletin Board, where the company's stock is listed. In a statement, Interactive said it is seeing a 200 percent increase in revenues due to growing demand for its MarketREACH customized interactive voice-response products and its InvestorREACH shareholder communication service. Both services are being successfully marketed to some of North America's largest corporations, it said. It said management looks forward to promptly meeting all NASDAQ-initiated reporting requirements in 1998 with financial statements that reflect the company's increasing profitability and growth. More Quotes and News: Interactive Telesis Inc (OTC BB:TSIS - news) Related News Categories: US Market News" froland.

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