Archie ... I just read this post from Chris Fitz on the Yahoo site. I met Chris at the AGM and was much impressed with his insight and intelligence. Allow me to share:
The quiet before the storm...
by: Cris_Fitz 225 of 231
It's time to step back and take a look at what's happening here. How do we reconcile the low stock price, minimal daily trading volume and absence of apparent interest on the part of new investors with TSIS solid base of services, budding contracts with major telcos, and operating margins that should exceed 50%, pre-tax in the next 12 months? With companies like Amazon.com that are mainly a web site, and trading at revenue multiples that exceed the valuations of competitive powerhouses like B Dalton, Barns & N, etc., should we all dump TSIS and run to the next I-Net IPO? I say NOT!
We do need to be very carful now about talking about names of companies that are in near-term contract negotiations with TSIS. In many cases these companies are very sensitive to craft their business to maximize their own corporate image. TSIS is very carful not to hype and are exceptionally good at sharing appropriate news. I cringe when I hear people (including myself) dropping names of the telco powerhouses when these are only in the discussion phase. This could hurt the company and us as shareholders. That said, I now sense that after a very long time under a cloud of lets say excess share availability, we are now nearing implementation of several contracts, any one of which can exponentially increase TSIS revenues in the next 1-2 years. If you are investors and not speculators you should realize the magnitude of what's happening here. Few of these major telcos are not interested in TSIS applications. However, they move slowly and cautiously, but when they move we won't believe how good this can be for business.
If you are hungry for quick price appreciation and wonder how the pending big news will drive the share price look at a little company called TSIS in May to July of 1997....AT&T Executive Telecon Center (one small ATT division) signed a contract with TSIS. Pre-signing TSIS price was 18 cents, post signing it was $1.07 Signing ATT's other 5 telecon centers could do what to the price? Do the math....then relax, the future is brighter for TSIS that most of us can imagine.
Cris |
