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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!!

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To: FRANK J CATALANO who wrote (377)6/13/1998 7:42:00 PM
From: Thomas Kirwin  Read Replies (1) of 601
 
More News Release Commentary

Jerboa
SNOWPELLET
Jun 13 1998
5:08PM EDT

Very informative post. Thanks for your views. I was anxiously awaiting them. Hopefully with time things will become clearer with these wrinkles in the earnings release. I may be mistaken, but wasn't John Dutton involved with Dominion Bridge Corp. (DBCO)? Dominion Bridge constantly came up with various charges every quarter to offset strong revenues and they lost money virtually every quarter. Did he have anything to do with that? Things seem to be going along according to your and Bob Davis' prognostications. I think I'll give TASA one more quarter. If they lose money next quarter, that equals that something is wrong and I'll sell my position.

Snow Job
jerboa1
(39/M/Philadelphia, PA)
Jun 13 1998
7:15PM EDT

Snowpellet,

The "News Release Analysis" was my initial run. I hope to expand upon it and include growth projections. If time permits, I will produce a pro-forma with an eps guesstimate for the next quarter. I like to call this exercise napkin math or back of the envelope calculation.

Of course the 10-Q would provide better information and direction to accurately predict the future. The news release only gives a glimpse of what may be.

I do not know if there is any link between our John Dutton and Dominion Bridge's (DBOC). I'll check it out and report back.

If TASA reports a loss next quarter we will be lucky to get out with our shirts - IMHO.

Regards,

Tom
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