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 (3772)	9/20/1998 3:54:00 PM
From: jmt	Read Replies (2) \| Respond to of 6931

I do believe you are being unrealistic on the stock price. I have had numerous discussions with the company, trying to break down revenue and earnings customer by customer. Your projections are far to optimistic. Frontier just signed. ATT will ramp up slowly. MCI is not yet signed. Noone yet knows anything but best case revenues, assuming all current business goes to TSIS. They will probably retain or outsource to other suppliers. TSIS is still a high risk penny stock, illiquid as not close to attracting institutional investors, and in a business with no barriers to entry. One year down the road someone could come in and undercut pricing to steal business. My model again projects earning of 4 to 6 cents this year. Assuming 10X earnings, a fair price is 60 cents. As they generate more income, the tax loss carryforwards will be used, reducing earnings by 40% (or requiring growth to double just to maintain the same earnings. As they sign more contracts stable revenues and grow, the price should improve. But IMO $1.80 in the near term is not likely. Good Luck jmt

To: BarbaraT who wrote (3772)	9/21/1998 7:49:00 PM
From: Coz	Read Replies (3) \| Respond to of 6931

I just got a call from David Spicer at TSIS IR. He informs me that there will be a big TeleConference tomorrow. Here are the details Phone Number --------- 888.422.7128 Date ----------------- 9/22/98 Time ----------------- 1:15 PM PACIFIC Participant Code ----- 820987 The will be talking with brokers and investors giving details about current business deals which are being developed but are not yet at the press release stage. Also, the current IR number for TSIS is 888.546.2957 Mr. Spicer said they feel that the share price is grossly undervalued and it is being artificially held down. He said management feels, as the company stands today, that something around $3.00/share would be a fair valuation. It is the company's intent to get the word out with their expanded IR department. As of now, there is now plan to hire an outside PR firm to promote the company. I hope this helps. Good luck to all. Coz