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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?

To: Blayton who wrote (6545)	9/17/1999 3:29:00 PM
From: gregor	Read Replies (1) \| Respond to of 6931

>>>Can anyone tell me if there is anyone on the management team who may be seen as a liability by the market?<< not to my knowledge.....IMO the only negative that may not be taken into account by the market is further dilution of shares. Just as gary so oft points out there are still 20 million authorized shares that could conceivable be issued for whatever reason...dilution was of course what killed the stock last year via the trading losses of 7 million shares. IMO the market is waiting for the SEC registration, and the fully audited results/ once this happens and there is proof positive no additional shares have been issued IMO this is a green light for the much anticipated increase in share price. If on the other hand there have been additional shares issued while all the while we have been told the contrary watch out sub 25 cents here we go....

To: Blayton who wrote (6545)	9/17/1999 4:41:00 PM
From: John S. Baker	Respond to of 6931

"Can anyone tell me if there is anyone on the management team who may be seen as a liability by the market?" Can't absolutely rule it out ... after all, we are dealing in perceptions in assessing such a question. However, I have no reason to believe that anyone in the management of TSIS (or on the Board, for that matter) is a convicted swindler, or a registered child-offender, or a known adverse entity (like that "Hacksaw" guy who ran Sunbeam until about a year ago). There is, of course, the issue of the ill-advised trading losses which occurred during the FY ended 7/31/98 ... and which were fully disclosed in that year's audit ... but which will still show up in the company's footnotes for another year or two. I'm sure that some investors have concerns about those, as did those of us who were invested in the company at the time. I think the question of lack of spring in the stock price lies elsewhere, and I hope to have time this weekend to put together my thoughts on the subject. (No, no, no -- it's all pretty benign, if my hunch is correct.) JSb.