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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO -- Ignore unavailable to you. Want to Upgrade?


To: speculatingvalue who wrote (811)10/15/1999 11:13:00 PM
From: speculatingvalue  Respond to of 1762
 
For some reason, most investors like to buy high (when everyone else is buying) and sell low (when no one is buying).

Not too sure why...

Anyway, the company has indicated that the only reason earnings are down is because of restructuring in China which was out of their control. It is reasonable to expect them to return to previous earnings by next spring now that the restructuring is over.

That said, here's a tour through memory lane before the restructuring:

March 20

I would venture that we've seen in the last
few days a fundamental change in TOM. We're
under accumulation by someone with deep pockets.
This will imply that TOM will be talked about
on Bay Street once this buyer has loaded up.
Other deep pocketed buyers should then start
showing up. My instinct is NOT too sell at
this point.

March 24, 1998

UPDATE: The 2000 shares offered at $1.00 was quickly bought
at the ask. There are no shares being offered as I speak
(11:00 am)! Lets have the next ask price at a premium to
the last sale. How about $1.50? :)

March 24, 1998

The Investors' Growth Letter issued a buy recommendation
on the company this morning.

April 21, 1998

New Players are buying TOM!
Midland Walwyn was responsible for buying 10,000 shares
today and at ~4:15 pm a 200,000 block was traded by
Research Capital (both on the buy and sell sides).
Looks like TOM has finally received the attention
of credible brokers! I'm still long on TOM, hope
the rest of you haven't sold too early.

June 26, 1998

My biggest problem with this company is that I don't
have the cash I would like to have to invest at these
prices. However, I think it probably makes more sense
to slowly accumulate more as each successive quarter
reports growing earnings. That way, there'll be some
nice long-term growth in both the company and my share
of it. This announcement is VERY encouraging. And as
my old mom always says (usually when talking about
her ocean front home in Victoria): "It doesn't what
the price is if something ain't for sale."