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Technology Stocks : Transcrypt International

TRII 0.00170

0.0%

Jan 16 9:30 AM EST

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To: jfrancis who wrote (264)	4/26/1998 5:42:00 PM
From: toothid	Read Replies (2) of 412

J I have been an investor since the IPO last Jan: Made a complete "round trip with this stock. Rode it from 9-3/4 to 27 and back down. So I guess factor that brilliant piece of investing into to my post if you need to. Since I am from Nebraska, this stock is on my "radar screen" so to speak. The investment community word is that this CEO( not sure of name) is really a high class guy and "ain't cook'en the =books." I personally have no facts to back that up, except it comes from people who I believe to be credible individuals in the Omaha community. The problem stem from accounting problems that arise when a smaller company like trii buys a larger co. like E. Johnson. It is my understanding that this creates accounting discrepancies. Suffice it to say I have no accounting background only words from the Street. According to this months "Individual investor" May issue-- TRii still has it's contract with the US goverment. They also have the stock price listed as 17.00. "might be time to buy into these shares cheaper" ? According todays Omaha World Herald, the SEC is planning an investigation on trii-- Trii says it will cooperate fully.How this effects the stock is yet to be seen. I however am long TRii and its management. I however have read numerous threads here, where there are people who are not so keen towards the management. As I read in the local paper, trii expected these law suits from shareholders when a stock corrects in this fashion. As with any investment, risk prevails for all. I enjoy the SI thread on other stocks I own and thought I would jump in here and present my local comments. Respectfully Doc

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