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Microcap & Penny Stocks : AREE - Formerly TVSI -- Ignore unavailable to you. Want to Upgrade?

To: jmhollen who wrote (6161)	1/13/2001 1:25:50 PM
From: Tommy Hicks	Read Replies (1) \| Respond to of 6528

Hi Again John, just a little example of how valuable SEC filings can be. Like everyone else, I like to buy "good" stocks that are trading at a low point. I came across Trident Microsystems. Total debt to equity of zero, earnings during the trailing 12 months of $4.49/share, a book value of $10.27, strong cash position and trading for around $6. Ready to buy? It sounds great, but let's check the latest 10K from the SEC. Income from operations for 2000 was actually a loss. The gains of the company were due to a 1995 investment in United Integrated Circuits Corporation (UICC). To make matters worse, it appears to be only a paper gain that resulted from the merger of UICC and United Microelectronics Corporation. A 20% stock dividend resulted that had to be reported as a pre-tax gain. sec.gov I'll continue to watch TRID. It may be a good investment, but not nearly as good as it sounded thanks to the 10K. th