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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?

To: Skip_S who wrote (2331)	5/28/1998 7:20:00 PM
From: Novice Bob	Respond to of 6931

Skip: I did not have time to fully explain my point today. TSIS will not just rise to a new level because the MM's feel it is time to set the Bid & Ask price higher, there needs to be heavy buying pressure. This is a BB stock, few "long term" investors do take BB stocks seriously. News releases IMO, are going to have very little effect on TSIS. Glamour stocks are driven by rumors and news, non-glamour stocks play by different rules, Financials sporting earnings. The news TSIS has been putting out is very good, but it only attracts Day Traders, and we get the Day Trader affects - a little up, a little down price action. Until they post financials, other news releases will do very little for the value of TSIS. How can anyone assign a real and hard value to news. Big contracts here, big contracts there, without audited financials, or actual numbers in their contracts mentioned in the news release, what will support the price. Only real Investors buying in, and holding will give this support. Just my opinion. Look at a few weeks ago, they announced 3 big Clients representing major cash flow but no numbers. The price drifted back to $0.51, they only announced one big contract today, (again with no numbers, and I am sure they can not release numbers because they are just projections based on a signed contract)!!! The potential to test new lows is there until financials prove otherwise. I strongly believe long term, TSIS should be a 5 or 6 bagger, but short term (until financials appear that offer justification to higher valuations) TSIS will primarily be attracting the day trading crowd, we all know that does not cause sustainable gains. It is very believable with all these major companies signing up as clients, the contracts are adding significant value to TSIS. But until that is proven by financials, IMO, TSIS will not be taken seriously and attract longer term buyers because it is still a crap shoot. I am just going to hold and accumulate as I can. I have checked out their service, called IR, seen the quality of clientele they are going after (and signing), noticed the AT&T contract called AT&T a marketing partner, once financials hit, this should easily work up to the high $2 area. And if there is a short position, the $2.00 mark might come quickly, (I find it hard to believe anybody would be ignorant enough to short this stock). Anyway, just my thoughts....,