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

To: John S. Baker who wrote (3225)	7/24/1998 8:50:00 AM
From: jmt	Read Replies (1) \| Respond to of 6931

Thank you. And I did not want to be misleading in discussing the subject. I have no information to suggest a reverse split is even being considered. And on another point, I did mention in discussion earning of 30 cents per share would likely meet listing requirements. But to put that into perspetive, it would require about $8M in net income. Which at a good margin would require $50M in revenue. Given $5K per month per new customer, TSIS would require a customer list exceeding 800 names to get there. jmt

To: John S. Baker who wrote (3225)	7/24/1998 8:58:00 AM
From: Skip_S	Read Replies (2) \| Respond to of 6931

Stock Buyback A reverse split is not the answer. Many investors get turned off buy a reverse split. With TSIS accelerating earnings, it may be a great idea for them to decide to buy back a few million shares. Just that commitment to buy back shares will help lift this baby higher. Our large float of an est. 15 to 17 million shares is the problem. Without long term investors that are willing to hold large chunks of this stock, TSIS may stay down at these low levels for awhile. These are just my opinions....Go Long and PROSPER.....Skip