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 : TPII - Year 2000 (Y2K); Groupware; Client Server Migration

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeffrey S. Mitchell who wrote (7857)7/1/1998 11:59:00 PM
From: J. Stone  Read Replies (2) of 10903
 
Well, I guess I'll be the dissenting voice here...

Seems to me that, while TPI's financials aren't sterling, they aren't devastating. IMO, TPI is in a lot better shape than they were this time last year. The company has signed some important agreements which, we already know, have begun to (or soon will) pay off (for example, PROFAC and BMR Software).

TPI has been increasing (doubled?) it's staff in the past year, and I doubt they'd be adding employees without an accompanying increase in business.

As for the issuance of shares to Kernaghan, fact is we don't know the full details of these transactions. I wouldn't jump to conclusions, though, that this is going to tank the stock price.

TPII is a start-up company, and they seem to be doing a lot better than many other start-ups. And with Y2K just starting to kick in now, my guess is that we will see a dramatic improvement in TPI's financials in the next filing...

regards,

JS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext