Turnaround Plays Message Board

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Non-Tech : Turnaround Plays

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To: David Alan Cook who wrote (163)	12/18/1997 10:56:00 PM
From: David Alan Cook	Read Replies (1) of 206

Update on MTEL . . HNV and TSSW: 1) MTEL continues to buck the down trend . . was up again today. ML initiated coverage with an accumlate rating. Has been very strong even though the company will report a loss this year and next. Holding my position. 2) HNV. . turnaround with large insider buying. . see latest SEC 13D filling. . another insider increases ownership to over 7%. Holding my position. 3) TSSW. . Lots of cash. . three new products. . good insider ownership. sells at a steep discount to the Industry Price to Sales and Price to Book. My top holding. . looking for a turnaround in the 4th qtr. . Ran up to $5 and then pulled back . . tax selling appears to be over. Good risk . . . reward play. Adding to my position. DC

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