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

To: gregor who wrote (2962)	7/3/1998 1:25:00 AM
From: Don Ohland	Respond to of 6931

Gregor, Good evening. {Some late evening discussion} Like most investors I try to put together a diversified portfolio of Mutual funds, Mid caps stocks and small caps plus I enjoy the challenge of very small sometime BB stocks. I have at times used short term trades to make a few dollars. Actually, When I've done this I've made some decent money. This seems to take more time than I have during the day. What is most satisfying is to find a small company with good management and watch the story unfold and the company grow. With BB stocks the risk to substantial. I feel lucky to find and have 1 in 3 that triple. I think what we need to find is that company that doesn't want to be a BB stock. Their goal should be to accomplish all that is necessary for NASDAQ qualifications. For a little company like TSIS this may take time but I still like to see them act like a legit company and strive for that goal. The companies I've had that went from BB to NASDAQ have always done very, very well for me. THE MOST IMPORTANT THING FOR ME IS A MANAGEMENT GROUP WHO IS FIRST DEDICATED TOWARDS GROWING THEIR SALES/PROFIT THEN SATISFYING AND REWARDING THEIR OWNERS (STOCKHOLDERS) Best Regards, Don p.s. just read a article on BB stocks. "The wild West" is how they refer to BB stocks and investing. I'll post a few notes from this article. I enjoyed it.

To: gregor who wrote (2962)	7/3/1998 2:09:00 AM
From: Don Ohland	Respond to of 6931

Gregor, I don't want to put you to sleep but I thought I'd share this with you. I think It reinforces the importance of a BB company getting their financials out to the investment community. As my profile states, (I think) I'm currently in EDII & BLHG big time. If EDII follows thru with what they've proposed then it should be a big cha ching. BLHG has a tremendous opportunity for big sales and profits. they already are reporting purchase orders. PRWT I intend to use for trading. PTII is a larger company which by the way went up 20+% today. I expect it to finish the year at $11-$13.00 per share. TSIS might end up being one of the best long term investment if they show the ability to sustain a high sales and profit growth rate on a quarterly basis. A few notes from a article written by Charlie Vestner: The Wild West "As investors cheer the progress of regional markets, they might shrink in horror at the abuses on the OTC Bulletin Board, where companies often snub requests for annual reports, fail to answer phone inquiries and even freeze trading for their stock. Even to call the Bulletin Board a market is a stretch. It's simply an automated pricing system that electronically dissemates the bid and ask on more than 6,200 stocks that don't meet listing requirements for any other exchanges. In comparison, companies listed on the OTC Bulletin Board are largely shrouded in darkness. Like all public businesses, they must register with the Securities and Exchange Commission- which means little more than filing the company name and address- but OTC stocks need not file quarterly or even yearly reports, and only about half do, says NASDAQ spokesman Mike Shokouhi, who calls the OTC "The Wild West". All that means is more risk, MORE UPSIDE, and, most of all, more homework for the investors. Nonreporting companies are generally tight -lipped and often give investors the cold shoulder, says Harry Eisenberg, publisher of Walker's Manual of Unlisted stocks. Then there's the yawning chasm on the OTC between what brokers are willing to pay for a stock and the price they're willing to sell it. One listing, Reo Plastics, sells for $17 a share but can only be bought for $25- a spread of 50%. That's not unusual. SOME ISSUES ARE HOT BUT HAVE TINY FLOATS. THEIR RARITY MAKES MARKET MAKERS WANT TO BUY MORE SHARES, NOT SELL THEM, BECAUSE THERE ARE ALWAYS INVESTORS WHO WILL PAY THE EXORBITANT SPREADS (including the company itself or it's managers). But if an NASD proposal to kick nonreporting companies off the Bulletin Board passes SEC muster, many Pinkies could change their tune and start reporting. That won't make the Bulletin Board much more than a farm-team league for the exchanges, but at least it will be a step in the right direction". If TSIS cares and values their stock holders they will do all they can while growing to ensure their honesty without hyping. I think they do I good job. They will look for ways to reward and add value for their stockholders. Hope I didn't bore you Good Night, Don