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Technology Stocks : Tangram Enterprise Solutions (TESI) New Release Soon!?!
TESI 0.0650+209.5%Oct 14 3:44 PM EST

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To: robert miller who wrote (90)4/12/1998 6:41:00 PM
From: Walter High  Read Replies (1) of 120
 
Colleagues:

Spent Easter at a large family gathering and found out that one of my in-laws relatives works for Tangram. We had an interesting conversation about Tangram.

This person's opinion is that Tangram really stretched the company to make the unexpected $0.01 profit last time around, and now they are paying the price for being a little too optimistic and creative in the accounting. This person's opinion is that Tangram is still six months away from really getting going and that marketing the product is the main issue. Should have already happened, but the effort is slow.

My opinion (based on this conversation) is that we may still see further downside in the stock price over the near term, but that Tangram has a very viable product and will be a long-term winner. I have bought TESI four different times at an average price of $6.00. I will be watching for a bottom to this one, maybe around $5.00 and buy some more.

Good investing to all. Hope this one is a winner for us.

Walter High
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