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

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To: John S. Baker who wrote (4830)12/15/1998 6:30:00 PM
From: Tobasco  Read Replies (1) of 6931
 
Let's look at the half full glass instead of the half empty one.

Gross revenues for the fye 7/98 are up 4 times those of the prior year. 1st qtr 10/98 gross revenues was consistent with the prior (4th 7/98) quarter of approx $450k. This would equate to about $1.8m for the fye 7/99 or about a 66% increase.

While we can agree that management has been shooting themselves in the foot over supporting the stock price by buyback and resale, they appear to be doing something right in growing the company. As has been said here, the next two quarters (1/31 and 4/30) should tell the tale.
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