SI
SI
discoversearch

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 : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?


To: ed who wrote (3210)7/23/1998 3:41:00 PM
From: Bill Schrader  Read Replies (2) | Respond to of 6931
 
As we all know good news is on the horizon. I was thinking back to Don Cameron's message which was dated 7/17. He said he expected to have the deal with Nasdaq pounded out within the next 10 days. I don't want to put too much on this deadline but I am hoping we will hear something by the end of next week.

Can any of you long time shareholders explain the Nasdaq deal to me. I know it had something to do with the Nasdaq 100. Will TSIS provide their Investor Reach service to the Nasdaq 100? Is this something that the Nasdaq is doing which is completely independent of the companies themselves? I'm just trying to get a grasp on what a deal like this can mean to the company. It sounds as if it could easily double the Investor Reach revenue. Of course I'm just speculating and could be way off. Thanks in advance for any info.

Bill



To: ed who wrote (3210)7/23/1998 4:17:00 PM
From: John S. Baker  Read Replies (1) | Respond to of 6931
 
> unless the news releases are bogus <


It has been my experience that when you post a news release publicly which states that a Fortune 500 company has agreed to do business with you, the whole world will hear about it right away if the release is bogus.


Big companies do not like having their names besmirched and they have the clout to do something about it.


Now if these signings were merely "whispered rumors" over the phone by some boiler room slick-willie, then the big companies might not find out about it. But with the releases being posted on BusinessWire and/or PRNewswire, *everybody* has the ability to see who is being alleged to be a client.


No, I reckon that the big companies are pretty much self-policing on this ... as witness the one major corporation (no names please! even though it has been mentioned here on this thread) which told TSIS that even though there was a contract, TSIS was forbidden to put out a press release.


In fairness, what is *not* so readily verifiable is the amount of revenues which each of these contracts will generate. TSIS presumably has their estimates, and the client companies have an overall budget which reflects their anticipated payments to TSIS, but none of that is independently-verifiable at this point.


JSb.