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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Vegas who wrote (2103)5/15/1998 8:57:00 AM
From: Ga Bard  Read Replies (3) | Respond to of 9440
 
Yep it sure looks that way. Problem is it has not ticked up to .04 with all the volume. So the sells are equaling the buys. The volume is large for sure. Ones like this has major floats I would assume. Just be careful with the shells and bankruptcies you can get totally nailed regardless of rumors, logic and/or DD.

GB



To: Vegas who wrote (2103)5/16/1998 2:00:00 AM
From: Crossy  Respond to of 9440
 
TMMI

Vegas,
thanx for the alert. But I don't think TMMI has the credentials to be regarded as anything besides a momentum play. An interesting case study, though - quite a soap opera with many characters intertwined.

First of all the thread has 8500+ posts. I parsed thru a good deal of it this evening. Point is the company seems to need no revenues <g> so it resorts to DILUTION. Currently 100 million shares issued, 200+ million possibly authorized. To many ifs and unless' in the air. Meanwhile the cash-burning machine goes on. A close-knit group of dedicated investors - true. However I prefer prospects instead.

This company needs to emerge from BK and then it needs an reverse split. This might be bad for current shareholders but a 10 million float is better suited to generate meaningful future earnnings per share than a 130 million float. June 17 is the next date - You are right. But as many can learn from events like the CVIA/WOTD merger huge floats cry for a reverse split - it WILL happen - so I wait before even considering TMMI. Anyway, they DO have promising technology. I'm patient - especially when I'm not yet into a stock - so is 99,9% of the investment public that is NOT into TMMI as of now..

So let me stress it again: my alert will be the time when either
1) reverse split is announced - I would buy after if at all
2) TMMI is merged into another company - the combined company should rather be considered..

best wishes
CROSSY



To: Vegas who wrote (2103)5/17/1998 6:46:00 PM
From: LPasko  Read Replies (2) | Respond to of 9440
 
Ive been looking at TMMI, and it looks interesting. All I can find, however, is the stock symbol--I can't find the corporate name. It goes without saying that I also can't find the corporate office, or a phone number. Do you have any of this information? If you do, I'll do some independant digging, and let you know what I find out. Thanks.