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

To: PAR who wrote (3785)	9/21/1998 8:17:00 PM
From: Coz	Read Replies (1) \| Respond to of 6931

Give him a call Par (888.546.2957). I, in fact, suggested that the share price reflected the disappointment over the small increase in earnings over the last quarter. He replied that maybe not next quarter, but certainly by the quarter after the income from the new clients and projects would show up in the balance sheet. He told me income for the year would be 4 million/ 2.5 million net. Coz

To: PAR who wrote (3785)	9/22/1998 8:13:00 AM
From: jmt	Read Replies (1) \| Respond to of 6931

>> Mr. Spicer said they feel that the share price is grossly undervalued Tell Mr. Spicer that the share price is only worth what someone is willing to pay for it ... no more, no less. I could not agree more. Undervalued by who's measure? They have no earnings. What he must mean is undervalues based on historical mean averages of other penny stocks who plan on making lots of money in the future. And concerning the financial projections. $4 M close to where I am. Big difference in income. TSIS says no costs will increase as they add new customer other than T1 lines. Wonder how they will pay the PR firm. And this new guy David, he must be working for free.<g> Long but cautious.. jmt