To: bottomfish who wrote (48763 ) 5/30/2000 11:30:00 AM From: BarbaraT Respond to of 150070
No ... TSIS owns 51% of Paragon which develops the applications for Automated Speech Recognition ... Paragon has alliances with Nuance and Speechworks. TSIS hosts the ASR services in the same manner as EXDS hosts the web sites. TSIS has had 8 consecutive quarters of earnings ... huge growth. Have been buying on the dips. CEO slipped up in conference call and alluded to the fact that he expects the stock to really take off by the fall and sees $10 stock price at that time. Here's a copy of an analyst report posted on Raging Bull. Date written: 05/26/2000 By: Lou Ambio Interactive Telesis (OTC BB: TSIS) is positioning itself as the premier hosting facility for speech-enabled applications. Their hosting solutions enable companies to deploy leading-edge speech-enabled applications without the associated cost and burden of owning and supporting the underlying technical and organizational infrastructure, making the operation both faster and cost effective. TSIS offers a range of IVR and ASR solutions including, Speech Recognition, Digitized Replay, Third Party Verification, Automated Surveys, and Call Center Solutions. The company's relationships with high profile clients including some of North America's largest telecommunications companies have laid a solid foundation for TSIS's long-term expansion. In fact, the company has already become a leader in customized interactive voice response (IVR) services, offering several different IVR products including InvestorREACH, MarketREACH, TeleSURVEY, and RecordREPLAY. All of these products enable companies to provide investor relations and marketing services at lower costs. Investors should also be very impressive with Interactive Telesis' extensive client list. Their largest clients now include Yahoo!, Excite, Wells Fargo, Nike, AT&T, Seagate, Apollo Group, and many more. There is also a rumor of some type of partnership with Sprint or MCI WorldCom. This strong customer base led to revenues during the second fiscal quarter of $1,112,985 with earnings of $205,749. This represented an increase of 100% over the company's revenues of the second fiscal quarter (Q2-99) of 1999. Furthermore, for the six months ended January 31, revenues were up 127% year over year with earnings of $525,679, representing earnings per share of approximately 1.7 cents per share compared to a loss of ($139,903) for the same period in 1999. Furthermore, Donald Cameron, president and CEO of Interactive Telesis stated in this earnings release, "With a focus upon ASR, our business performance will likely remain at these levels over the next 2 quarters reflecting the accelerated growth of our development and network infrastructure capabilities. With a fully integrated set of network, hosting, and development services, Interactive Telesis is positioning itself to offer solutions that are comprehensive and flexible enough to meet the growing demand for deployment of speech recognition applications." It should be noted that, TSIS restated their earnings in March after announcing the settlement of a lawsuit. The charge, which was settled in stock not cash reduced second quarter net income by $117,000. Finally even though TSIS has jumped in value from 30 cents to $2.25 the company still only maintains a market capitalization of $70, giving it plenty of upside potential. (Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)