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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 (1727)11/8/2002 8:47:09 PM
From: John Trudeau  Respond to of 1762
 
Ciao, as I believe you stated in a previous post... once upon a time, cash is king.

I don't think either one of us will get any info out of TOMmy mgmt. They play it unusually safe when it comes to communicating information. They have cash and it looks like they'll weather the current downturn. We'll have to wait and see what happens next.

Ciao for now,

JT



To: Ciao who wrote (1727)11/20/2002 12:42:45 AM
From: John Trudeau  Read Replies (1) | Respond to of 1762
 
Ciao, looks like Q2 results are out. Not great, but the numbers look like TOMmy has bottomed. Q2 sales are ~ 45% higher than Q2 '01 sales - which had plummeted 75% over Q1 of '01, and, there's $HK30MM of product sales booked at the end of Oct. Also, it would appear that there's enough cash in the bank to last 6-9 months, without this improvement in sales.

What's your take on their results?

JT


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