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Technology Stocks : TSR, Inc. [TSRI] Good Earnings!

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To: Ron Rester who wrote (32)12/27/1996 8:52:00 AM
From: Jacob S. Rosenberg   of 281
 
I heard last night on PBS' Nightly Business Report that they
are working on the the year 2000 problem. But then so are a lot
of other firms. I used to be a shareholder in this company.
At the time I owned it, they were involved in the following
businesses:

1) Contract programming.
2) Video games.
3) Nursing services.

They had to get out of nursing services because of price pressure
from HMOs and other health insurers.

They seem to be well-managed but I do not know why the stock
is jumping as it is. One possibility: they might have a small
float of just 1.8 million shares. Is this a short squeeze?
Another BETTER reason is this (from Investor's Business Daily)

Annual growth rate: 56 percent

Last quarter earnings percent change: +117 (!) up from prevoius
quarter

Sales percent change: +55 up from prevoius quarter

Earnings per share rank: 98

Relative strength: 99

It does look good. Is the price too high? I just don't know.

Regards,

Jacob Rosenberg
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