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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?
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To: Breeze1 who wrote (4708)12/8/1998 8:52:00 AM
From: gary g  Read Replies (3) of 6931
 
No Breeze1, I don't know more than my post, maybe less, .I have done a lot of work looking at Co.s that have there own, or have trained there inhouse people for there IVR applications. One of the other things I see with TSIS is their apparent inability to protect their product and/or ideas for they are pretty much off the shelf technologies. One of my other concerns is that of their profit margin. Their rhetoric seems to suggest a 70+% margin yet there is no way that has been achieved in the numbers that I have received from the co. Their statement's being prepared using Canadian accepted accounting principles is something that I find hard to tolerate being a retired banker and lending on both sides of the border. I could go on but for the sake of brevity I will only say that the companies I have talked to as it related to TSIS's services have told me that the only way they would purchase their services is if TSIS gave their services away for it was more cost effective to do it inhouse with inhouse personnel. I'll make a further prediction, and it's only that. Within 10 days, TSIS's stock will be at or around 24 cents per share, some of the guys seem to want me to have a more definitive track record--we'll see if I'm right.
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