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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 (859)1/24/1998 9:19:00 PM
From: raefon  Respond to of 3247
 
Noblesse, my dear friend, glad you have "publicly" come to the price targets I have stood by for quite sometime. This stock trades with a *4* in front of it within the next eighteen months. I am really pleased to see all the contributors, particularly the new ones. Seems to me virtually everyone on this thread has something to add. This continues to be one of the better pages on this thread. I am also confident that "many" members of TFS management review the commentary here on a daily basis. I think this is beneficial to us as shareholders as well as to TFS management. I hope many of the folks on this thread have the courage to hold their shares of TFS when the market becomes more volatile as it almost certainly will at some point in the year. Please read the previous posts with respect to sending TFS a letter of complaint regarding the TFS specialist. He truly is a detriment to the trading in this stock. A more professional specialist who had the capability or desire to hold some inventory would dramatically improve the trading in the stock. For those who read these posts it is probably the single most important thing you as shareholders can do to improve the trading in TFS. Great to read all the posts, have a great night.



To: Noblesse Oblige who wrote (859)1/25/1998 2:40:00 AM
From: Doug Meetmer  Read Replies (2) | Respond to of 3247
 
N.O.,

I am not sure that simply splitting the stock at this point would
solve our liquidity problem. The issue is not only the number of
shares in the float, but also the turnover of those shares due to
outside knowledge and interest in the stock. Right now we are
not even on the radar screen.

One of the reasons a company will issue a split is to make the stock
appear "cheaper and more affordable", I.E. a $50 stock is
seemingly more affordable than a $100 stock. If we have a split at
this level, the stock may seem "too cheap" and may appeal to even
fewer institutions.

Splitting a stock at this level would increase the number of shares
that I own but would not cause me to sell some or to buy more.
We need outside interest, which will drive the price higher and then
force a split, which will then increase the liquidity and then subsequently increase the interest, and so on.

Just my humble opinion.

doug