TSR, Inc. [TSRI] Good Earnings! Message Board

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Technology Stocks : TSR, Inc. [TSRI] Good Earnings!

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To: SIer formerly known as Joe B. who wrote (198)	3/9/1998 1:31:00 PM
From: Andrew Furst	Read Replies (1) of 281

<<What does TSRI have going for it after the year 2000?>> That's a fair question. What I expect TSRI to have going for it after 2000 is a LOT of cash. The company could then pay a special dividend to shareholders. I agree that after 2000, business will substantially decline. But between now and then, the potential for profit making is truly awesome. TSRI originally charged 25 cents/line of COBOL code remediated, subsequently this has been raised. By next year and early 2000, the charge should be quite high. ($1/line?... $2/line?... more?) Companies and organizations that need their code fixed in a hurry will pay almost price. It's impossible to calculate what kind of profits TSRI will ultimately make on the Y2K business.

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