SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gary g who wrote (6196)6/3/1999 4:35:00 PM
From: jmt  Read Replies (1) of 6931
 
do you believe this company should be compared with the business services sector which consist of 66 companies?

No I do not. Industry comparisons are only valuable within a narrow set of parameters, and are developed to anticipate the effect of some microeconomic event that may equally effect the entire group. Most are mature companies, with similar capital structures, financial ratio's, and all other things that make them be sensitive to the same systematic risk factors. I do not believe the TSIS has a homogenious product that would be affected by the same factors that impact these other companies. There are more limiting factors that impact the stock price other than performance, such as liquidity and perceived risk issues associated with the OTC markets. TSIS offers a unique and diversified set of services the do not fit well into a mold. Their cash flows are subject to very different influences other than those affecting other telecommunications companies.

Difficult question, long answer, but JMHO.

jmt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext