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

To: wannaBrich who wrote (65256)	1/20/2000 6:31:00 PM
From: BarbaraT	Read Replies (2) \| Respond to of 108040

I really don't have a price target on this one -- all my targets on the pennies have been way off. Thought EDIG would hit $5 by Dec. 31 --- it didn't. Of course, it blew through it this month - but who knew. I had a $1 target on TSIS also for Dec. 31 and a $2 target by late spring early summer this year. But who knows -- no telling. TSIS has not had any real news out in a while (other than the purchase of Paragon which the company hopes will propel it into the forefront of voice recognition) ... but that is all on the come. They applied for fully reporting status -- and I understand that, while on course, it still hasn't come through but it expected sometime in the next month or so. So that doesn't explain the move. My thinking - and this is opinion only - is that there were some big buyers in the wings that were waiting to buy at a decent price and as soon as a large block came across, it triggered other buys. Also, some large sellers took losses last year and had to wait 31 days to buy it back due to the IRS "wash" rules -- so that, too, could have triggered buying back into the shares that were sold for the loss. When the market nears a top, it seems the penny stocks run -- and TSIS has been long overdue. Perhaps this is just catch up. I wish I could be more encouraging, all I can tell you is that I am holding this one for the long term - and it will have it's downs, just like it's ups, and will require a lot of patience. Although I wouldn't complain if it pulled an EDIG (that totally caught me by surprise). I know TSIS is waiting on a couple of big contracts that they had put in proprosals on ... but from what I can tell, nothing has come through yet - but perhaps there are expectations. As I said - this is all supposition, I am just hoping for the best. I will recommend you read the Raging Bull thread on TSIS - it is quite comprehensive and has pro and con viewpoints. I will add that my holdings in this company are my largest EVER ... so I have a lot of faith in the eventuality of this company doing well. But I have been in this for several years and expected it to move before now. So my time projections are obviously off base. Best of luck to you (and to all of us TSISers)