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Gold/Mining/Energy : Telepanel Systems - TLS -- Ignore unavailable to you. Want to Upgrade?


To: waitwatchwander who wrote (683)1/12/2000 8:53:00 AM
From: SteveP  Respond to of 948
 
Northforce,

Thanks for the history. There's much there that I didn't know. As for the current chart, I'm not sure what you mean by the C leg of the IPO. While I'm not a technician per se (i.e. I don't trade strictly on technicals, but I do use them to attempt to better time my buy/sell decisions), to me there's a nice saucer base that occurred in '98/early '99 and that's when I finally bought in. As with others who bought in then, I'm quite pleased. It's not quite as sexy and buying the internets and networking companies that are in vogue now, but doubles/triples/four baggers are the same any way one looks at it.

The interesting thing to me about this market is that fundamentals seem to have been pretty much thrown out the window when attempting to value companies. So, if TLXSF can capture the hearts and minds of the investment community, regardless of how the fundamentals really measure up, we could be off for a ride. I guess that's another way of saying it'd be nice if the momentum crowd noticed our little company. Of course, it'd be even better if the business did actually start to come of age, but it's not necessarily a requirement for the stock price to rise.

Steve