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

To: gregor who wrote (629)	1/14/1998 6:10:00 PM
From: Island Man	Respond to of 6931

Hello Gregor I received those #'s from Goodman, maybe some shares where given in form of payment in lieu of cash to the people of TSIS.

To: gregor who wrote (629)	1/14/1998 6:16:00 PM
From: bgavlick	Read Replies (1) \| Respond to of 6931

two days of selling pressure...at the end of the day yesterday and today the buyers came in. Last trade today was a buy of 46,900 shares at .34, bargain hunters I guess!!

To: gregor who wrote (629)	1/15/1998 1:43:00 AM
From: Fred Rollins	Read Replies (1) \| Respond to of 6931

<<If insiders have added a million there is no way they could have added them by purchases on the open market, at least lately, the only million share day we have had recently was a down day; any clue as to how insiders came by additional shares..gregor>> According to Scott Cameron, the recent drop in the stock price is the result of an individual investor who owned a large position at a low price selling on the open market. Scott said once he found out what was going on, he arranged for the shares to be bought directly from the shareholder at market price, just to get the guy cashed out. So, what you were told about the insider position increasing may confirm my info. Scott didn't say specifically that the company and/or insiders had bought the stock, just that he was working out something with the investor who was selling. For what it's worth, he said the guy was selling for personal reasons unrelated to the company, i.e., he needed the cash. There is some logic to the timing involved there. When I saw that there was a lot of selling, I couldn't figure out why someone would wait to sell in 1998 when they could've sold in December and had the loss to use on their tax return. According to Scott's scenario, this investor was taking a gain rather than a loss, so it would make sense to wait until January to sell. Scott said the company is in the best shape it's ever been in and they expect 1998 to be a big year. He said to expect several news releases in the coming weeks, and now that the company has stopped selling stock, he is focusing on promoting the company and meeting with brokers. He mentioned the guy at AT&T who got promoted (Ron Mayer or something like that) and said that should really help their efforts to get additional business from AT&T. He said they have added sales staff, and they plan to have a very strong sales effort in the coming year.