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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (63499)1/18/2000 9:30:00 AM
From: Manly  Read Replies (1) | Respond to of 108040
 
TESS - wireless stock - here's why:

For those of who you missed mypost last night - do your DD on this one!

TESS is my stock this week perhaps this year - reasons why:
Wireless supplier to the big boys (Nokia, Metrocall, etc as well as many others.
biz.yahoo.com

Just reported earnings last week which were very good - currently has 18 p/e and future outlook is excellent!: biz.yahoo.com
Read this earnings release carefully - they even mention they are one of the top business to business suppliers out there!

There homepage: tessco.com

Has 4.4 million shares outstanding and 2.4 million in the float. quote.com

This is an excellent company in the wireless industry has exclusive agreement with Nokia to supplier them their wireless and PCS supplies! This thing moves quick with the mm's - buy in smaller quantities; otherwise, they will start to have big gaps between the bid and ask prices.

Volume starting picking up on Friday and it closed at it's high for the day - if we break it's 52 week high of $24.75 I have no idea how high it will go, it's just starting to get attention, watch it on level II - someone has been accumulating the past week. Once word gets out on this one, watch out.

I'm holding my 5k long term since I believe wireless is the play for the next few years and TESS will be volitile but should move north once more people do their DD and check it out.

Off to do some more research - looking for great stocks like TESS which are trading way below their value!

Happy Trading,
Glenn