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

To: Noblesse Oblige who wrote (1561)	5/30/1998 12:23:00 AM
From: Maurice S. Green	Read Replies (2) \| Respond to of 3247

All----I am losing money daily, but enjoying the recent posts so much that it hardly hurts. I should publish selected notes. I would like to understand why one would want to accumulate size (whatever that is) in a company that has such small volume, and float. I now realize how hard or impossible it would be to get out. Maybe the aim would be to own or at least control the company. Lately I have not been able to buy or sell 700 shares in one chunk, but get it done over a few minutes in bits and pieces. Makes me feel like I am con- trolling the market for a minute or two. In time maybe I will learn the intracasies(sp)of this market.

To: Noblesse Oblige who wrote (1561)	5/31/1998 3:12:00 PM
From: dfloydr	Read Replies (1) \| Respond to of 3247

Hi N.O.: <<small pieces of stock, 10,000 or 20,000 shares at a clip>> I am sure you have noticed that over the past few months there have been many days when you would have been punching away at the mythical sell button all day long to dispose of even 5,000 shares of TFS. Some days 200 shares have dropped the price 3/8ths or a 1/2. Some days, watching the trade by trade activity in TFS, one has had the feeling 10,000 shares would drive this stock into negative territory. You are so right: even for small holders, the time to sell is when the buyers are jumping all over you for what you have got: the time to buy is when no one else is in line to do so. When you manage size, it is imperative to remember this. It is why I am selling all the few real estate investments I own right now. Five years ago I could not have given the stuff away. Now, every pair of Gucci shoes on Wall Street is pushing REITs. Good. I'll get back into that market when the headaches are pounding some reality into those fancy shoes. I trust this thread will get back to the matter at hand:TFS. We all own(as I do) or do not own TFS: so what are the business reasons in and around TFS for our positions? TFS is sitting on a seemingly bright future and yet, in this otherwise exhuberent market, TFS stock just sits there becoming more and more tempting ... ergo ... what and how can this be remedied, if at all? You are absolutely right on a second point: the big risk now is that TFS will not get noticed until the whole market is in a tailspin at which time buyers wont be anywhere in sight at any of the NYSE trading stations. The only good news is, and again you are on target, it is hard to see much downside from this level in even an awful market. Name calling and attacks on you and others contribute zilch to our mutual benefit. Let's all ignore those who can not keep on track. Let them go somewhere else for their sport. Floyd