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Non-Tech : Telespectrum Worldwide (TLSP)
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To: chartseer who wrote (258)3/14/1999 11:05:00 AM
From: stock leader  Read Replies (1) of 265
 
I would advise that your daughter not put all of her 401K in TLSP stock unless she thoroughly believes in the company. TLSP is currently trading at almost 4 times book value which makes it expensive at current prices. Also the telemarketing industry is still in recession. I remember interviewing with Telespectrum at their corporate office back in 1997 for an accounting position. They claimed back then that revenues would get to $1 billion by 2000, which clearly won't happen. The company needs a big spark to get their stock price moving again, and I believe that spark will be hard to come by. Just my opinion though....
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