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

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

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To: Jeff Bomchill who wrote (210)	3/20/1998 5:54:00 PM
From: Andrew Furst	Read Replies (1) of 281

Jeff, maybe Nelson's SI site is more influential than he thought! Seriously though, today's action would not seem to bode well for the earnings numbers (this Monday? C'mon TSRI, let's see them!). Clearly a lot of selling today around 3:20 - 3:40 pm EST. If support breaks at $18-19, should strengthen at $14-16. That was the longtime area of support/resistance. Of course, if news on Monday is positive, TSRI could rally sharply. Today's heavy volume leads me to believe there is likely some justification for the pullback, but I'm optimistic. The year 2000 is still a long way away, so unless there is some problem with the Catch/21 tools or their acceptance, even a weak earnings report for the last quarter would not necessarily be a large setback for the company. Even so, my fingers are crossed for the latest report. And I still think shorting TSRI is playing with fire.

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