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Technology Stocks : Triteal (TEAL) multiple platform software
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To: Rod Copeland who wrote (23)12/22/1997 1:03:00 PM
From: Tom Hua  Read Replies (1) of 25
 
Rod, Let's put things in perspective. TriTeal was hammered hard for failing to close any deal last quarter. This is a small company, a once high flying stock, with some presumably good products. People familiar with their products (including trade magazines, and analysts) have given thumbs up on the products and the niche market they are in. The company has recently restructured (Dec. 5 press release). Two of the three cofounders left, the CFO also left. Witous is now in complete control of this company. measures were taken to consolidate its operations and resources. I am hopeful that the captain will turn this ship around. On the balance sheet, the company has $3.1/share in cash, with a book value of $3.7. This company is going to survive and hopefully flourish and grow in 1998. The master reseller agreement with Tracor is one step in the right direction. Tracor is a $1-Bill dollar goverment contractor company. It has well established clients in the goverment sector. I think, 1998 will be a much better year for the company and its stock. I'm in it for the long haul.

BTW, there's the other TEAL thread which is more active. May I suggest that we use the other thread as the focal point for sharing info/ideas with regard to TriTeal. Are you a shareholder or thinking of becoming one? Best of luck.

Subject 12991

Regards,

Tom
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