Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: BarbaraT who wrote (3677)	9/6/1998 9:05:00 PM
From: Jim Johnson	Read Replies (1) \| Respond to of 6931

Barbara, I think what he is saying is that he selling, or planning to sell, everything except gold. Though I am not in any way advocating what he is saying to do, in my own small company, which deals mainly with American companies, I have seen a downturn because of the world influences. Our sales to Thailand are non-existant, the US customers we sell to that do business there are experiencing the same. The same is true with Korea, Japan, starting that way in S. Africa and our distributor in Australia is complaining of the downturn in their dollar, forcing him to purchase less US products. Same in New Zealand. We have not really felt the bite yet of the trickledown, but we are beginning to feel the start of it for sure. As to TSIS and how it relates, well, many of their customers, such as AT&T, do international business and as that slows their cash flow is going to dwindle to some extent, their foreign dollars shrink. This is going to floow through to their expenditures, stock inquiries, etc. So even TSIS is not insulated from it. Something they were well satisfied with yesterday may not fit their budget tomorrow. On the same subject, I got a quote for some materials from a foreign country just Friday. They said to allow 90 days to obtain a container to ship in. Since shipments in have dwindled, there is a shortage of containers with which to ship out. This all takes a toll. What he suggested is to insulate yourself as much as possible by having your money in gold. Personally, I like mine in cash. Jim J

To: BarbaraT who wrote (3677)	9/6/1998 10:21:00 PM
From: gary g	Respond to of 6931

Barbara, the more I read you the more I like the way you think. Let me state the way that I see the market at this time. We are in the very beginnings of a sea change. The fund managers have driven up many stocks including all of those in the Dow and now they are taking their profits to look good for this last quarter. They will be, like most schooling fish, picking a segment of the market to invest in and drive up until the retail buyers come in and drive those stocks up. Then they'll get out, we'll call in another sea change, and they'll do it again and again and again. The market as I see it has very little to do with bulletin board type stocks. We play these stocks on the come, at times we're right, at times we're wrong. Overall I tend to agree with you. TSIS has some good possibilities. P.S. My wife is giving a speech in L.A. in the beginning of November. My daughter will be traveling with her; she is consulting with her entertainment attorney. I haven't been to L.A. in 15 years, so if you have any tips on what a mother and 28-year-old singer might be interested in, I'd appreciate them.

To: BarbaraT who wrote (3677)	9/6/1998 10:56:00 PM
From: R. Gates	Read Replies (2) \| Respond to of 6931

I'm saying that we could get a "dead cat" bounce out of the market, especially if the Fed eases a bit, and we'll see a rebound to 8000 or so (if we're lucky) but the other shoe of the pending bear market may be bigger than the first. I've been saying for several weeks that TSIS would go back into the .50's in September, and I still feel that way. I won't sell at the current levels, but I will use a good bounce (double from where we are now) to sell. I really am concerned for the market overall (and I've been a bull since the early 80's). I expected many on this thread to attack me for even suggesting that they consider selling TSIS on a bounce in the market. I don't blame you for your reactions at all. If I really didn't think it very likely that very bad bear market was really upon us, I wouldn't have even mentioned it. Suppose, 3 months from now that TSIS is at 10 cents a share and the DOW at 5500. Wouldn't you rather buy back in then? TSIS is a great company, with a great future, but it would follow the market down like everybody else if that is where the market is headed. But regardless of whether I'm right or wrong, take a look at the pages I've given out in my previous post. I have no malicious intent at all in my post. I've talked with some of you by phone and you know that I'm a straight shooter. I still own 102,000 shares of TSIS at an average purchase price of .42. If TSIS and the market take a bounce upward (and the world economic situation is still the same) I will definitely sell. If we just slowly slide down to .10 from here, without a bounce I probably won't sell. One more page to check out: www.elliottwave.com As always, I sincerely wish us all the best. I'm bullish on TSIS (as a company) but fearful of what could be a hungry bear loose in the world for a while...and it will be better to remember the adage "Cash is King!", because after this bear is through, some serious fortunes will be made for those who HAVE THE CASH! R. Gates