Triteal -- worth a try? Message Board

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Technology Stocks : Triteal -- worth a try?

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To: getanewlife who wrote (12)	12/3/1996 1:37:00 PM
From: Jim Henke	of 31

I didn't pay attention to TEAL yesterday, but I see it up 1 1/4 today on only 7600 shares. What does that mean? I really don't get into technical analysis, but I'd say that 7600 shares does not signal the kind of support that price rise would indicate. The reason I think I can get it for ten is because it is still a recent IPO. For most IPO's, a year later they're back around their issue price. (NSCP is one of your more obvious exceptions.) And more importantly, I think that a market cap of $130M is way too much for a company that pulls in about $20M in revenues (forget about profits) in a year. I am interested because of the SoftNC. There is no telling how well it will be accepted, but if it gains wide acceptance than Triteal could be riding a big wave.

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