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Non-Tech : Telespectrum Worldwide (TLSP)

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To: Rashid Garuba who wrote (227)4/28/1998 7:14:00 PM
From: Burlitis  Read Replies (1) of 265
 
Welcome aboard Rashid. As you can see
the TLSP board is lacking in information
and people:-).
As far as JP Morgan goes, i believe last
week they announced the stock market was
overvalued and were going to move some of
their PF to cash. I think they are a conserative
bunch,and to get an upgrade from them is rather
good. I don't know if they will issue more
upgrades, but i wouldn't be suprised if a few
other houses do. At one point, the stock was in the
hands of quite a few houses, over 70% i believe.
I like the new CEO, he has proven twice he can
turn-around companys, the street likes him to.

Alex
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