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Technology Stocks : TSI TelSys Corporation - Satellite communications -- Ignore unavailable to you. Want to Upgrade?


To: John Stephenson who wrote (201)11/30/1999 11:38:00 PM
From: Ron Struthers  Read Replies (2) | Respond to of 241
 
John, I agree about the floor at $0.25, because of the drop in
price this year I expected TSI would be a tax loss candidate.

In past years tax loss selling peaks about the 1st week of December,
around now, this is what is likely producing the bottom.

I think the last qtr. report puts what is left of any negative
news in the market, although this was already anticapated and priced
in.

I don't think the loss of one customer will have a lasting effect,
we haven't seen much in new orders from the defense dept. which
should come sooner or later.

The market place TSI is in is still a high growth market.

I'm not sure what is meant by the Java based software, assuming it
is to do with Lava Logic division, we could still have a pleasant
surprise here and none of this is priced into the stock, in fact TSI is selling at the lowest price to sales ratio, I have ever seen
for a similar junior tech. I expect the stock will continue to
move higher into the New Year.

More volume today than normal and the stock moved up, looks like there was some buyers today

Ron