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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO -- Ignore unavailable to you. Want to Upgrade?


To: Ciao who wrote (1573)8/13/2000 12:22:26 AM
From: John Trudeau  Respond to of 1762
 
Ciao, I can understand buy recommendations on TST, especially at these low prices. I associate risk with price, keeping in mind that cheap stocks are often the most risky. This being so, TOMmy is too pricey for me at the moment.

Like I said before, I need to see something that is (a) substantial and (b) positive. Everything that comes out is either (a) nice, but nothing to get exited about, or (b) negative - e.g. further share dilution.

You should email Randy, but personally, I'm waiting for a PR of a substantial nature. At least until the price drops to an attractive level.

Best of luck,

JT



To: Ciao who wrote (1573)8/16/2000 10:41:44 AM
From: speculatingvalue  Read Replies (1) | Respond to of 1762
 
TOM is easy to understand. I got out completely a couple of months ago and am waiting to return until I see some changes in the way the company is run.

The subsidiary is in a jurisdiction which isn't regulated by the CDNX. Management can dilute our holdings in TST and issue themselves shares and bonuses without being accountable to TOM shareholders or the CDNX regulatory bodies.

They keep us in the dark, issuing almost no non financial press releases.

The current price reflects the lack of trust that management is acting in the best interests of TOM shareholders. I don't remember being asked if I wanted to spin out the asset I invested in for a GEM based private placement. I definitely don't remember being consulted on the latest round of dilution.

What happened to the funds from the last placement?

When I pose these questions to IR in a long email, I get a one sentence reply. They don't be appearing to take retailers seriously.

I wouldn't be surprised to see it break $1 again.