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

To: Breeze1 who wrote (3104)	7/14/1998 9:20:00 PM
From: John S. Baker	Read Replies (1) \| Respond to of 6931

You know, Breeze, I have tried to patiently respond to your constant repeating of incorrect information in the form of petulantly-demanding questions. If this were coming from someone less honorable than Thee, it would be enough to make one begin to suspect the questioner's intentions. Granted some of your questions have not been answered, and I recognize that to "call the company" is difficult from your location, but please knock off with the questions which have already been addressed here. Again, you have been told that here is no stock being sold out the door ... either front or back! ... since February 1st. You have been given a reasonable explanation for why such an action would not be required. And you are aware that such an action would be neither illegal nor improper (although certainly very disheartening, from a dilution standpoint, to current shareholders). You have been told that the financials for the year ending July 31, 1997 have been audited. You ask "by whom"? By their auditor of record, as proposed by management and ratified by shareholders at the Annual Meeting the preceding year -- just as was done in February for the Fiscal Year ending July 31, 1998. Look it up. You ask why no financial postings on the Web? Because they choose not to. The company has provided audited financials for last FY, and has provided signed (and of course unaudited) financials to anyone who has requested them ... some by FAX and others apparently by US mail. Presumably you are aware that there is no legal requirement to post anything on a Web site. (Parenthetically, you will recognize that shareholders are afforded significantly more anti-fraud protection by receiving corporate information via the US mails than they would be by receiving it on a Web site.) If you don't like management's reasoning, and if you are a shareholder, then write them a letter and tell them you don't like it. We all have our own ideas regarding corporate "best practices", but questions posted here over and over again don't do anyone any good. Please don't get me wrong. This thread is pretty even-handed with people who raise real, previously-unanswered issues. You'll never get a bald-faced sales pitch from me, here. And while I look forward to next quarter as much as the rest of us, I clearly recognize that today's investment decisions must be made today. But you sure wear your welcome out when you don't assimilate the information being offered to you. JSb.

To: Breeze1 who wrote (3104)	7/14/1998 9:28:00 PM
From: Tobasco	Respond to of 6931

Breeze1 Trust you have been away for a while and have not had a chance to read all the TSIS posts. your post #3104 7/14/98 "whether stock is being sold out the back door?" "Everyone should go back to July 6 posts and the provocative questions raised which were never addressed by anyone. When difficult questions are asked on this board we get a sales pitch about wait for next week next quarter etc" "whether stock is being sold out the back door?" From my post #3019 7/07/98 (note after 7/06 your reference) "Yes the 9 MONTH cash flow shows $2m raised from selling stock. But, if you look at the change in capital stock on a quarter by quarter basis you will find: 10/31 was $1m plus, 1/31 $1m minus and 4/30 $60k. This would indicate to me that TSIS has stopped selling in January as they have said in the past." Also re audited statements, look at my post #3101 from today.

To: Breeze1 who wrote (3104)	7/14/1998 11:24:00 PM
From: R. Gates	Read Replies (1) \| Respond to of 6931

Breeze, This question was answered JUST ONE WEEK AGO! Remember this post??: To: JRR4 (3015 ) From: R. Gates Tuesday, Jul 7 1998 3:54PM ET Reply # of 3110 Finally got a hold of TSIS IR myself. Here are the answers to my questions: from Larry 1. NASDAQ 100 trial not connected with the Intel deal. 2. No comment on Intel deal itself. To quote Larry "when it's released it will be released" TSIS is trying to reduce speculation. 3. Outstanding shares are about 29 million or so-- less about 3 million restricted. Float was stated at 14.5 to 15 million. 4. The previous estimate of float was based on old information. The newer numbers are based on the latest info. 5. Company is NOT selling any more shares. 6. Company plans to maintain shareholder value while being prudent in its use of cash for expansion. 7. Company is hiring and expanding it sales force nationally. 8. Some contracts are already exceeding their anticipated revenue flow to the company. 9. There are many new clients coming on board, but the company will be judicious in its use of press releases announcing these clients. Sometimes less is more. 10. TSIS will look at it's PR firms policies in regards to certain brokers getting info before everyone else. 11. Current stock price is at a stable level. Larry said future good news and earnings would "make it difficult" for it to stay this low. Overall, I think Larry (as usual) answered all my questions very straight forward. Except the Intel issue. I sensed that Larry had news he wasn't telling me. I'm glad he didn't. He was honest about wanting to slow down the speculation. That's a good thing. I think the bottom line is that TSIS seems to be adding more new clients at a faster rate then ever before. The bottom line to all this is that TSIS clients are high profile companies that TSIS is fortunate to be rubbing elbows with at this stage in the companies growth cycle. This quarter (May-July) and next will define what we can expect from TSIS in terms of the bottom line. Nothing I heard today changed my positive outlook for this stock. TSIS is not a stock to day trade or speculate on. It will reward you well as a longer term investment. Increasing earnings and new clients are setting the stage for what I expect to be some significant increases in stock price over the next few quarters." ***************************** That was the status just a week ago and things have not changed since then. How often do we need to keep answering these same questions? I think the bigger question will be what sort of improvement we will see in the current quarter and next quarters earnings. All the new contracts we've seen are great, but no one really knows, not even TSIS, what these contracts will mean to earnings. That is what many truly long term investors will be most anxious to see. Sure the float is important, to a point, but if earnings begin to really roll in, as many anticipate they will, the float will evaporate like a drop of rain on a Dallas sidewalk in July. Best Regards, R. Gates AND GOOD TO HEAR FROM YOU AGAIN BARBARA! GLAD YOU'RE STILL ON THE PLANET!