SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim B who wrote (1328)4/30/1998 10:44:00 PM
From: John S. Baker  Read Replies (1) of 6931
 
I think I was a bit peremptory in my earlier response to you ... please accept my apology.


'Tis true that various Directors of the company have been quoted as saying that a buyback might be (or even *is*?) possible in the future. Based on what I know about the company, and I have followed it closely and personally for a short while now, this is likely to have been more a future-think, or a dream, of what they might "do with all that money" when the contracts begin generating all manner of cash.


But for the present, this is a company run by reasonably savvy people who recognize that, for a company which has not yet posted a profitable quarter (even though the past two months have apparently been profitable), the key focus must be on showing that they can actually make money over the long haul. A profitable month was great. A profitable quarter will be even greater ... and I hope it is coming along soon. And a profitable year will be magnificent.


This company has a high margin on all future sales, and so significant profit should flow straight through to the bottom line in the future. Some undoubtedly could be well-invested in R&D (on something?!) and the rest could be paid as dividends ... like a utility stock ... or be used to buy back stocks.


But that is all sometime in the future.


For the time being, management appears to be focusing on bringing in additional contracts and upon making sure that nothing goes awry.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News