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

To: barbara sperino who wrote (7439)	6/5/1998 7:50:00 AM
From: Alan Coccio	Read Replies (1) \| Respond to of 10903

Barbara, after we shareholders learned of the unrestricted private placements with the Kernaghan bunch, I believe the company stated they would not do that again and, in the future, there would be a lock-up period on shares issued for this purpose. I hope they maintain that stance. On trading: I think even the market makers were a little surprised the interest wasn't there as a result of the most recent company news release. They positioned themselves in anticipation of a price rise based on sudden buying which never materialized. I certainly don't like the spread that exists early this morning at 1.43 X 1.56 which is a "standoff-ish" position. Interestingly, this is one of the companies the market makers seem to follow closely unlike others where they don't even have a clue what the company does. A good example of that was DIXS when the company released news in the afternoon a couple of days ago. I did 30 minutes of company inspection and mulling and finally bought in - as did lots of others - at 34 cents. The market makers sold 300,000 shares in a short time without raising the price more than one tick. Overnight is when they learned the news and the price opened the next morning over a buck. Sometimes it pays to have ignorant market makers. I digress. Let's hope the conference call today creates some excitement and we can get this TPI price moving. Alan