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


To: Dave Gore who wrote (7995)7/8/1998 5:58:00 PM
From: Alan Coccio  Read Replies (4) | Respond to of 10903
 
Dave, thanks very much for the recap of the conference call.

How many times have we heard the company expected to have revenues of $2.2-million for Fiscal Year 1998 (which ends in about three weeks?)

If they are doing 85% of the burn rate, it means they will have income for the last quarter of approximately $710K. Add that to the $260K they did in the first three quarters and we will apparently show slightly under $1-million revenue for the year at best. This is not a good projection in spite of the rosy picture they paint. Apparently, profits are still farther down the road than we thought.

I'm encouraged by the talk of a potential buyout. This might be the quickest way to a multiple of the current share price. The marketing experience and the level of comfort a large company could provide to prospective clients might be just what TPI needs to achieve a measure of success.

Thanks again for all the work putting that report together.

Alan



To: Dave Gore who wrote (7995)7/8/1998 6:01:00 PM
From: Robert Gomez  Read Replies (1) | Respond to of 10903
 
Those were my questions Dave. I wish he did't cut me off. 500,000 options with an excersize price of 1.50 expired today, so lets hope there is little if any more dilution. He said there is a shot of profitability for this 4th Q. I would expect a nice profit in the first Q ending Oct 31st. Boomer 1999 and beyond. I hope we just saw the bottom for good!



To: Dave Gore who wrote (7995)7/8/1998 6:01:00 PM
From: BONZ  Respond to of 10903
 
Dave. Thanks for taking the notes. Let's not dismiss that the board might be meeting in mid July to discuss acquisition targets as well. Paul has expressed this on road show visits to NY. I think they want to be the eater not the eaten... Now if we could get one or two of these 80% probability contracts to be announced shortly, maybe our stock would continue the rise started today...