Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?

To: dfloydr who wrote (1510)	5/27/1998 9:13:00 PM
From: Noblesse Oblige	Read Replies (1) \| Respond to of 3247

Hi D Floyd, I had a short albeit cordial conversation with Liz late today (actually, very late today...if I were her hubby, I would be requesting more time with my wife!) to learn some odds and ends about recent business events and details, none of which are important enough to post. My overwhelming sense from the call was "confidence." My guess is that the current quarter is right on track. More important for the shareholders, however, we "danced" around the issue of Wall Street "interest," and Liz's response...that it takes additional coverage to generate interest...led me to believe that the company (at least) is anticipating some deepening in the list of analysts that publish on the business. Whether this will result in a buy recommendation or two isn't clear to me, but I am less concerned with that than I am with adequate direct coverage of news, dissemination of earnings and other business information, and the eventual deepening of trading. It is hard to say whether the current lack of market depth is the cause or the effect of the lack of information on the company. (Sort of a chicken/egg conundrum.) But, lack of liquidity certainly limits the ability of institutions to enter or exist the stock, and with institutions the primary market movers today, their absence continues to have a deleterious impact on valuation. I hope that my judgement of additional coverage may in fact be leading to higher visibility for Three-Five. If they hit their numbers for the year (quarter by quarter, of course!), and there is no impact on the stock, that would represent a serious disappointment to all concerned...be they shareholders or TFS employees. I continue of the view that the shares are grossly undervalued vis-a-vis all of the other public entities in similar businesses. Have a good evening.