Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bgavlick who wrote (528)	12/19/1997 10:17:00 AM
From: Michael T Currie	Read Replies (2) \| Respond to of 6931

Bill, Just sent off an answer to the profits analysis question. I am reprinting here: > I genuinely hope that you and Bill are correct, and that the earnings numbers you cite below are reasonably accurate. Mike, did they come from the Company, or just your own analysis? They are from my own analysis. As one who uses risk analysis on a daily basis (I am a geophysicist working for a major oil company), I like to use at least minimum, most likely, and maximum cases. No. Clients Avg. Rev/Client Net Margins No. Shares Net/Sh. Min. 10 $0.3MM 20% 30MM $0.02 ML 30 $0.5MM 40% 20MM $0.30 Max. 50 $0.7MM 65% 15MM $1.52 Assumptions: Min. case - Fewer clients than presently signed, net margins much lower than anticipated, additional 30% or so to the existing shares outstanding ML case - Continue to sign clients at about the same rate as present, net about as high as can be sustained for any length of time, outstanding roughly same as present (we think!) Max. case - Accelerate client base through AT&T connection and others, net as high as possible after overhead and taxes, company buys back shares I didn't try to get too fancy with tax loss credits and such. Regardless of whether or not you agree with the individual figures, there appears to be a huge range of possibilities here purely based on the fact that none of us can predict what this company is capable of earning. My enthusiasm for the stock is predominately due to the observation that even in the area not too far above my minimum case, TSIS appears to be undervalued. The upside case is almost frightening . So, lots of speculation, lots of risk, lots of potential. Up until very recently, that's all it was - potential. Please, please, PLEASE do not take this as anything more than one person's opinion. Mike ------------------------ I figure this is pretty safe set of numbers to use , unless there are no profits (oh sh**, did I really type that?)....Mike Once again, sorry about the table. Just sort of mentally put some extra spaces in there...M