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.

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

To: JOHN IACOVACCI who wrote (7865)	7/2/1998 1:19:00 AM
From: Syd Deem	Read Replies (1) \| Respond to of 10903

The $500,000 of floorless convertables is why the stock is sinking. Short selling to bring the stock down so that more stock will be available for conversion. This will probably go on till August 21 when they are to be converted.

To: JOHN IACOVACCI who wrote (7865)	7/2/1998 2:51:00 AM
From: J. Stone	Respond to of 10903

John: Good post; it helps to keep things in perspective. I feel TPI is identical to the companies you mentioned, and will have similar numbers come their next filing... regards, JS

To: JOHN IACOVACCI who wrote (7865)	7/2/1998 3:01:00 AM
From: Dave Gore	Read Replies (1) \| Respond to of 10903

PRESS RELEASE Sept.25, 1998: TPI triples revenue, achieves profitability. Also announces convertibles completely "cleaned up" as of August via 500,000 share buyback. John McGee, CFO, today announced that sales for the quarter ending July 31, 1998 showed dramatically improved revenue and their first ever profit. "We are very pleased that our company has been able to ramp up so quickly. The May-July quarter is the first real quarter that our company has begun realizing revenues from the many contracts we signed beginning in April, 1998. More importantly, we have also continued to receive many even larger contracts throughout the summer, and many expansions of original contracts from PROFAC, and see another tripling of revenue and significant EPS increases coming in the quarter ahead." "Further, we have successfully completed beta testing of our Bemer product and are beginning to realize some significant sales of that product as well." "Regarding the convertible debentures, they expired last month and were all exercised. It increased our shares outstanding by about 500,000 shares, so our board has voted to buy back those shares and up to 500,000 additional shares (1 million total) in the open market over the next few months. This exhibits our belief that TPI stock is still undervalued at $1.75 and will also help to increase our earnings per share numbers for next quarter." We thank our shareholder for being patient and look forward to bringing them superior returns on their investment in TPI." ***************** Fact to be? or complete fiction? We will see... I know..a stupid post, but what the he!!...it makes you think just a bit doesn' t it?

To: JOHN IACOVACCI who wrote (7865)	7/2/1998 8:53:00 AM
From: Steelguy	Respond to of 10903

Good post John, To all; certainly I am no expert when it comes to this and the tape will tell as to how the market feels about these financials. BUT: I have heard over and over, and seen over and over that the market as a living, breathing entity cares about WHAT IS GOING TO HAPPEN, NEVER WHAT HAS ALREADY HAPPENED. 6 months ahead is what I have seen the market cares about in the near term. Now, is that wishful thinking or not? I just know that when I see stocks behave on financials and I listen, read, and watch financial media reports, this is what I hear. 6 months out. And it seems that 6 months from now, TPI should be in a much better position. Just my thoughts.........what do I know?