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


To: Loren S. who wrote (3083)7/14/1998 12:57:00 AM
From: MeDroogies  Read Replies (1) | Respond to of 6931
 
Didn't they already go through a reverse? Isn't Cameron totally opposed to another because he "felt bad" about going through the original one? Isn't he focussing on driving the price through improved business practices?
Nuff said.



To: Loren S. who wrote (3083)7/14/1998 7:03:00 AM
From: jmt  Read Replies (2) | Respond to of 6931
 
>>>The current price doesn't make sense to most of us<<<

I am in the minority. But beauty is in the eye of the beholder. I respect your comments. On a pure valuation basis, TSIS is currently trading at 50x earnings, quite a high valuation. Those who state the stock is undervalued may be correct. But a higher valuation would be based on the future, not the past.

High valuations a awarded companies with sustainable earning, created from market share and unique products. TSIS is still defining itself and heading in that direction. But the risk is as in any lucrative market, if the big boy's see it is profitable and enter the fray, they can discount price to drive out competition.

Batgirls question regarding competition is a great one. What are the barriers to entry in this market?

Please do not misinterpret my intentions. I do own stock in this company.

Good luck.

jmt