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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration
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To: Alan Coccio who wrote (10578)4/10/1999 12:40:00 AM
From: JOHN IACOVACCI  Read Replies (1) of 10903
 
Nobody is buying Y2K!

We all might have been OK if any of the internet frenzy rubbed off
on Y2K but it never happened. I would have been hurting real bad
if I didn't play both. I just got out of ITVU at $55 a share.
They had $830,000 in revenue last quarter and lost 3 million dollars.
Their market cap hit over $800 mil and share price hit $77.
Overbought? Now I'm not trying to compare TPII with ITVU but these
guys should have more value to the company after all these years
that $2 million total market cap.

Well the real problem here is both the performance of the company as
well as the line of crap given to investors over the past year. Honest
companies that can hold investors trust can keep their share prices
stable. Can anyone here believe TPII any more? They have destroyed
that trust that caused us to put our money here by talking
out of both side of their mouth.

Can it be rebuilt? Maybe but I don't want any more BULL. They
need to own up to their mistakes and missed opportunities. How
can they claim they don't know how they became know as a Y2K
company when all they talked about was Y2K.

The time for the public manipulation is over. The company
should try a new approach, Honesty. Look at all the companies
that miss and warn. WS forgives but they want it strait and
so do we.
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