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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration -- Ignore unavailable to you. Want to Upgrade?

To: BigJake who wrote (7301)	5/27/1998 11:44:00 AM
From: Jeffrey S. Mitchell	Read Replies (3) \| Respond to of 10903

BigJake, looking at the charts of many a once high-flying Y2K stock I think it safe to say the honeymoon for quite a few has ended. Even TAVA has fallen from 14 to 9. In other words, there comes a point in the life of every stock where the sentiment shifts from "great potential" to "show me the money". TPI most recent (filed) financial period is for the three months ending 10/31/97 where they had revenues of a mere $88,820. The good news is that expenses were low and thus the eps was only (.03). Still, the market cap based on 13.8M shares is, at $1.50, around $20.7M. If we factor in a generous multiple of 50, TPI would have to earn $414K, which I would guess would mean revenues of $1M. Does anyone think they will show these kind of numbers? Are people of the opinion that "the street" won't care about earning for TPI for months to come? Come to think of it, when will the next earnings report come out? So far TPI is on record as having $0 in Y2K related revenue. What percent of total revenues are people predicting will come from Y2K? What percent need to come from Y2K for TPI to still be perceived as a Y2K stock? Are these important questions? What does a kiwi have to do with shoe polish? Is J. Stone's attention span long enough to get down this far in a TPI post? (gg) - Jeff