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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?

To: Jim Armstrong who wrote (745)	1/14/1998 2:08:00 PM
From: Noblesse Oblige	Read Replies (2) \| Respond to of 3247

Hi Jim, It is salient to point out that in the last quarter or so, TFS has announced nearly a half-dozen production contracts, including a number that are out of the telecommunications field and indicative that the company is continuing its successful transformation to an organization with much more diversified and balanced revenue sources. It is very difficult for me to understand why the stock is capitalized at a price of approximately 1.25 times projected 1998 revenues, and that it continues to trade at a pronounced discount to the market. The only explanations that I can muster is that the "Street" doesn't understand what they are doing and the company hasn't effectively told its story. Sooner or later, both will change.