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

To: MB who wrote (7732)	6/19/1998 9:04:00 AM
From: Jeffrey S. Mitchell	Respond to of 10903

MB, you are correct in that moving off the BBs would attract support from a wider variety of places. As for institutions, I doubt you'll see much action from the larger shops until the stock is above $5. As for the "average" investor, brokers are prohibited by law from even talking about stocks under $5 that are not "blue skied" in their state of business (i.e. an exemption has been applied for by TPI and granted). Of course one presumes that TPI will at least be above $4 in order for them to even qualify for NASDAQ. It they are intent on getting on NASDAQ soon, it might be prudent to ask if they are contemplating a reverse split. As the number of shares outstanding is not huge, though, I doubt it. As far as MM "manipulation" goes, that all depends, as usual, on volume. If all of the above happens and many more people are attracted to TPI, then larger blocks would be absorbed much quicker, thus giving the price more stability. Marginability alone should help out quite a bit. - Jeff