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

To: MakeMoney who wrote (3683)	9/7/1998 1:25:00 AM
From: Loren S.	Respond to of 6931

I tend the share a lot of R. Gates concerns about the possible direction of the overall market. I understand MakeMoney's perspective regarding taking a contrarian's perspective towards buying and selling. Where I think MakeMoney misses the point is the parallel R. Gates' web references imply between 1929 and 1998. While MakeMoney may have seen a lot of bear markets you probably have never seen one like 1929 where it took almost 30 years for investors to recoup their losses and the world saw a great depression. If we go into another worldwide depression, values on the vast majority of stocks, large and small, will be a lot lower than they are today for a very long time. And a lot of weaker companies, namely BB, will be gone forever. Despite the gloom and doom scenario, I plan on sticking around in TSIS just the same. I invest in penny stocks for the chance to make a lot of money. I still feel TSIS is a good bet to be that stock and they are closer than ever to achieving it. Thus I am willing to chance macro economic risks in favor of hanging on and crossing my fingers that things pan out okay for our little company.

To: MakeMoney who wrote (3683)	9/7/1998 1:54:00 AM
From: R. Gates	Read Replies (2) \| Respond to of 6931

Makemoney, The Russell 2000 lead the way down on this one. In fact, AS A GROUP, microcaps (including BB's) do in fact behave very much like the Russell 2000. The behavior of small company stocks have been warning that something has been "up" for a few months. Any person who has invested in small caps the last few months has seen that. The overall advance/decline line has been weak even on "up" days in the market. The world's financial situation may get worse before it gets better. That was the purpose of my first post. The risk may not be worth the reward for right now. This is of course just speculation but the odds look favorable. As far as TSIS is concerned. I won't sell now because I think we might very well see a good bounce soon. I've been a champion of this company for many months and will remain a champion of Interactive Telesis. I happen to own a large chunk of shares, so it's not a few hundred dollars that I'm concerned with. I believe that SOMEDAY TSIS stock will be worth several dollars a share. I am not one to invest on emotion. I look at all the facts and balance risk and reward. TSIS remains one of the best quality BB's that I've ever found, but that doesn't mean that it can't fall to 10 cents a share if the overall market takes a dive another 20 or 30 percent. Many of my friends who also invest laughed at me a month ago when I suggested that the DOW could fall below 8000. No way they said, there's "just too much money pouring into the market". Many of the newcomers to the market have never seen a bear market-- a real bear market, not just a correction. I've never seen one myself. But, having done much research over the past few months, I'm convinced that we may be entering one in a big way. The sites I listed in my previous post were meant to help those who are so inclined to look at the facts for themselves. Best of luck, R. Gates