Tseng Lab on the move? Message Board

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Technology Stocks : Tseng Lab on the move?

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To: jelrod3 who wrote (28)	2/22/1997 10:24:00 PM
From: Erwin	of 251

Tseng Still in the Game Here is the way I figure it. I agree with some of what you say and some of it is up to debate. The burn rate on capital is high and it takes someone with a lot of gutts to put a buck out the way Tseng is doing in that market. So, there we agree. The part that is debatable is the ET6000. This thing is a money maker that has been hiding behind 1. Low production and 2. An extraordinary loss in the fourth quarter. Production is up now and the loss has been erased from the income statement. This quarter should show a profit. The profit will be on the ET6000 and there should be a profit through the end of December. By that time the new 3D mapping product should be out and hopefully there will be good news reports to propell the price per share. So, there are two things to look for here. First is that first quarter profit. If it's not there then poo-poo on me and I concede to your opinion. The third quarter should be the best of the year - historically speaking - so I am hoping for about 7 to 10 cents in the first quarter. If this all doesn't work out the company is going to have real problems with that burn rate - your right. Then it will be holding on for the second part of the game and that is the 3D release and hopefully endorsement by some biggies. If we get that `profits be damn' the stock should go up. If we don't get it and the profits don't materialize I will reconsider wallpapering my bathroom. Maybe then I can buy your shares if I don't have enough to go all the way around the room. The rocket is setting on the launch pad and their going to light the fuse with the first quarter. Shot to the moon or the biggest roman candle you've ever seen - take your pick. If they went to $3 tomorrow I would probably buy more. Erwin

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