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

To: SFSAILOR who wrote (3633)	9/2/1998 7:07:00 PM
From: Loren S.	Read Replies (1) \| Respond to of 6931

Like all the rest of you I am not at all happy about the price decline. But I am far from panicking here. I believe the price decline was caused by two factors. One was the loss of the Intel deal which gave the MM Knight the chance to bring this thing down. Second is the BEAR market in small stocks. I'm sure the rest of you own other speculative stocks. Every single speculative stock that I folow is way way down from its highs. As I've said before I have never seen speculative stocks get hit like this other than at tax loss selling season (which unfortunately is still in front of us). Interactive Telesis (the company) still looks very good to me. I think they will continue to do well and their revenues will grow. One concern I have is that I think we are still only in the beginning of a serious bear market and future economic trouble. While the pennies have already gotten beaten up, I think the blue chips have only begun to see their declines. But what will happen to the pennies from here? Could be further ugliness. Just my humble opinion.