To: chaz who wrote (1785 ) 5/10/1998 9:59:00 AM From: Michael T Currie Respond to
> Mike, may I suggest you turn it around and start demanding that the hype to which I am hoping to help you recognize be eliminated. The risk in BB stocks?
I have seen very little here that even comes close to my definition of hype i.e. making statements as fact that are patently untrue. Jim came close. I believe that he made a mistake of judgement brought on by enthusiasm. He apologised for it immediately. This is not something that I would expect out of a hype artist. I suggest that you turn it around and examine what you yourself are doing. Hype works both ways - positive and negative. You seem to want to save investors from themselves. Do you really expect anyone to believe that your motives are purely altruistic? No way. I will not get into a shouting match with you. My time is too valuable.
> Mike, the real risk is in not being invested. We, all of us, need to
save our money, invest it, and make it grow. The danger is our own
impatience....not the market. That's why people are drawn to the
quick-kill BB...
I do not need your investment advice. It takes a certain amount of gall for you even to offer it. You haven't a clue how I have done over 20 years of investing.
> And in most cases, it's a sucker hole, rife with exactly what I'm trying to warn about. If I scare a few people into thinking clearly, watching their bucks and learning to be respectful of how hard it was to save hose first few investment dollars, where's the harm?
You are absolutely correct in this first sentence. I believe that TSIS is one of the exceptions. There is a product which may be sampled by anyone who cares to do so. There is a history of signed contracts. Quarterly results are due shortly. This does not seem to be a company that exists just on a hope and a prayer. Of course you are welcome to limit yourself only to listed stocks. To each his/her own.
> I'll bet there are plenty of people reading this and other threads who have no idea just how risky the BB issues are. Maybe you know the risks, but for those companies whose contracts are approaching a year in force, you still don't know squat about that revenue. I hope that bothers you right down in your nickkers. It sure ought to!
Reread the thread. There is information about revenue. What we are lacking at the moment are hard figures regarding the net on those revenues. These have been promised shortly. If they do not show up, I will reevaluate my position. At this point, I have no reason to doubt management's word.
Once again, I will not continuously respond to your silly, unsubstantiated allegations. You and your type are not worth it.
Notice to all TSIS investors: by my count, there are least three pseudonyms here who purport to warn people about the dangers of investing in BB stocks in general and, perhaps TSIS specifically, for entirely unselfish reasons. I find their appearances within a few days of each other to be highly suspicious. You must make your own decisions to believe/trust what they are saying.
I expect we will hear the usual bit about 'why would anyone short a $0.60 stock'. Well, folks, do the math. If anyone (not mentioning names of course) manages to drive the share price down to its former levels, say in the $0.30 region, and has shorted those shares at $0.50-0.60, a few 1MM share turnover days as we have been seeing lately will produce a very nice profit indeed. Don't let anyone tell you that shorting pennies (accompanied by the appropriate negative hype) is a small time operation. It is the bread and butter of many people who have gotten rich off of your fears - the fears that they exacerbated in the first place. TSIS will stand or fall on its own. Do not listen to me, to BarbaraT (not really picking on you personally, Barbara), to Janice Shell, to whomever that chicken person is, or to Chaz. Evaluate what you believe you know and the risk on that 'knowledge' being faulty. Evaluate what you do not know and the risk on a range of possible outcomes for each (e.g. net revenues for the AT&T contract might be anywhere from 10% to 40%). And above all, evaluate what you are being told on this thread from whatever source. Integrate that evaluation into the first two above. Then, and only then, make your investment decisions. Sorry if this sounds preachy, but I have been on both sides of this thing, one where the management was lying through their teeth and one where a perfectly viable company was pulled down through negative hype and outright lies. I have read virtually every post on several other threads where the same things occurred but I was not involved. I think that I have learned to recognise the clues and something just does not smell right here.
