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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 (925)2/4/1998 11:11:00 AM
From: raefon  Read Replies (1) | Respond to of 3247
 
Noblesse and the rest of the thread, Jeff Buchanan, CFO bought an additional 2000 shares at $19 3/4, the shares were purchased 1/23/98. Insider purchase hit this A.M., holdings are now 27,000.Have a great day.



To: Noblesse Oblige who wrote (925)2/4/1998 1:06:00 PM
From: Franklin M. Humphreys  Read Replies (1) | Respond to of 3247
 
>>>The answer is simple, and is the same as in all other stocks. Take the offerings straight up for a point with *one* of your brokers...Then give it ten minutes to sink in, and have a *different* broker buy the stock that shows on "the back."<<<<

Wuold you mind posting a plain english version of the above??
Frank



To: Noblesse Oblige who wrote (925)2/4/1998 1:23:00 PM
From: voyager.ed  Read Replies (1) | Respond to of 3247
 
Noblesse,

Thanks for your comments on this. I do tend to stay on the bid side too long, although for a long while this guy would work to clear the decks at the close if you were close. It was like it didn't want anything hanging over him overnight.

I run a large visitor attraction in Hawaii, and one of the sad lessons I learned years ago in this business was that the excellence of your 'product' doesn't matter, as long as your quality meets the minimum acceptable level the agents will sell/push you - they just want no complaints or hassle, and the better the commission the more the push. TFS reminds me of a similar axiom - the 'quality' of your results and the execution of your business plan is not enough either. You have to have a following and get the word out.

It has been somewhat frustrating owning TFS, although I have made a lot of money with this company and even at todays prices have an average price on my shares way lower than current bid. In fact, even the 10k shares I picked up over Xmas is up 20%+ in a month. However, with all that said, TFS is not getting the respect its results have earned, and we are not receiving full value for our money.

regards,

Ed