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Gold/Mining/Energy : 2000 millennium problem: investment opportunities -- Ignore unavailable to you. Want to Upgrade?


To: BM who wrote (164)4/29/1998 1:50:00 AM
From: Scott Reynolds  Read Replies (1) | Respond to of 222
 
Patrick wrote a good summary of recent TPII contract:

To: +Alan Coccio (6583 )
From: +Patrick
Tuesday, Apr 28 1998 9:27PM ET
Reply # of 6592

Thanks to Alan for the numbers and insights. I may comment very infrequently
here (nearly 2 years of TPII), but I do follow the thread. I have really come to
appreciate your trading market saavy.

For all, I look on the ADP contract as very positive. I know their line of
business in the US and I utilize ADP as the payroll service for my company.
My "impression" (not knowledge) is that ADP is striving to stay on the
technology front edge in all aspects of their business. Payroll outsourcing is a
hot business and ADP is the leader and best practice standard in this area.
They are delivering their HRMS (read Human Resources Management
Systems) outsourcing services as well. I am also aware of the fact that ADP
is taking broad initiatives to provide payroll in countries around the globe. My
understanding is that there is no payroll service that is truly global today. I
think ADP wants to be first, the leader and the best. There are lots of "global"
companies that would like this kind of service and many are encouraging
ADP to develop this type of solution. They would also like to see an ADP
deliver an affordable, outsourced HRMS solution.

All that said, TPI's positioning with ADP in Canada strikes me as very
positive. Providing sales force automation effectively in Canada, could
provide future opportunities beyond. I encourage the TPI folks to do their best
and make the ADP contract successful - on budget and early.... could reap
mucho additional business!

This is just one man's opinion! But, I like what I see.

Long on TPI (and reaping rewards along the way)

Patrick
TRANSFORMATION PROCESSING INC (OTC: TPII)
Date: Apr 28
Last Trade
1 9/32

Change
+ 1/32 (+2.48%)

Bid
1 1/4
Ask
1 11/32

Volume
0333,8000

Prev.Close 1 1/4
Open
1 5/32

Day Range
1 3/32 - 1 11/32

Last Tick
0Down0

Avg.Volume
0462,1000