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

To: Noblesse Oblige who wrote (810)	1/22/1998 10:32:00 AM
From: Noblesse Oblige	Read Replies (1) \| Respond to of 3247

To the "thread," With respect to this morning's weaker opening in TFS common, I note the following quotation: "If it were not for the company of fools, a witty man would often be greatly at a loss." (Fran‡ois, Duc de La Rochefoucauld (1613-80), French writer, moralist) It appears that the market is focusing on the expected seasonality of the business and what it assumes will be a "disappointing" first quarter number rather than TFS being so convinced that it will show substantial growth in late 1998 and all of 1999 (and several years thereafter!) that it budgeted $14 million in capital expenditures for the currrent year. Mr. Market is again giving us a "gift," with TFS's growth accelerating and the shares still trading at a discount to the averages. Sometimes, the ignorance of investors boggles my mind. Have a good day everyone.