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Non-Tech : Telespectrum Worldwide (TLSP) -- Ignore unavailable to you. Want to Upgrade?

To: Jerry J. Kaczur who wrote (224)	4/10/1998 8:49:00 AM
From: Charles	Respond to of 265

This stock has run up from 3 to a high of 7 7/16 on the announcement that Keith was taking over. I would not be surprised to see it pull back to the 5 to 6 range. over 60% of the float has traded in the last two weeks. All the people that wanted to get out have most likely done so. Keith's first day on the job was monday. He promptly cut 20 to 25 mid management jobs, which cut overhead by 1 1/5 mil. I would buy half positions now and fill them out on a light volume test of 5 or a big volume day with a close over 7. Would expect the stock to trade sideways for the near term unless we see a market correction. My money's on Keith.