Top Image Systems Ltd. (TISA) Message Board

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Technology Stocks : Top Image Systems Ltd. (TISA)

TISA 0.850

-0.5%

May 6 5:00 PM EST

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To: Fraser Parsons who wrote (205)	5/3/1999 12:16:00 PM
From: Skywatcher	Read Replies (1) of 436

I talked with Cary Retlin at Whale securities on Friday, he was nice enough to return the call and talk for a while even though he was ready to bail for Friday in NYC Whale is the company that floated the IPO of TISA and his feeling is that they are very undervalued for the revenue and value compared to other software companies with similar success and revenues. Obviously we are all waiting for the next upcoming earnings report, and I think I can say that most of US here expect some more good numbers from the company... He was also not impressed with the response time/attention from the company...you'd think they would get back to him and his firm FAST, but he seems to have had the same results as us individual investors which is not good. Perhaps this is part of the problem with the PR and why the company is undervalued. He put out some figures MUCH higher than the curren stock price for his forecast of what is possible and what he sees as a fair value. I won't put them in here for him...but $8 is the lowest he mentioned and that also ties in with the Josephthal numbers..I think they were 8-10 for the end of the year. Chris

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