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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?


To: Michael T Currie who wrote (368)11/10/1997 1:07:00 AM
From: Fred Rollins  Respond to of 6931
 
The only thing this company doesn't have right now is positive earnings, and that "little" problem will be out of the way very soon due to the many new clients TSIS has added recently.

Mike's advice is the best - check it out for yourself. Call the company and see what they have to say.



To: Michael T Currie who wrote (368)11/10/1997 3:31:00 AM
From: Franklin M. Humphreys  Read Replies (1) | Respond to of 6931
 
You wrote>>>>Some of us have been following TSIS for
quite a long time and have managed to scrape together a fair amount of information.
Total outstanding is approximately 18MM, with a 13-14MM float. These are only
approximate because the company has been financing themselves with direct share
sales to the public - nothing secret or underhanded I don't think, but I would
suspect that this is one of the things that is holding the stock price down. These are
scheduled to stop this month as revenues start coming in from AT&T et al.<<<<
These are the figures sent to me last week by Barbara Kushel in the Investors Relations Department. I received them as part of a complete investors package.
Shares out >>>>9.2 million
Approx. float>>5.4 million
Insiders pos.>>2.5 million
Institutions>>>1.3 million
Market Capitalization>>>>$2.0 million
With a closing bid Friday of $0.72 it is easy to see that something is out of whack here.
Frank