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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: PAR who wrote (3785)9/22/1998 8:13:00 AM
From: jmt  Read Replies (1) of 6931
 
>> Mr. Spicer said they feel that the share price is grossly undervalued

Tell Mr. Spicer that the share price is only worth what someone is willing to pay for it ... no more, no less.

I could not agree more. Undervalued by who's measure? They have no earnings.

What he must mean is undervalues based on historical mean averages of other penny stocks who plan on making lots of money in the future.

And concerning the financial projections. $4 M close to where I am. Big difference in income. TSIS says no costs will increase as they add new customer other than T1 lines.

Wonder how they will pay the PR firm. And this new guy David, he must be working for free.<g>

Long but cautious..

jmt
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