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

To: jmt who wrote (3810)	9/22/1998 7:20:00 PM
From: David Haith	Read Replies (2) \| Respond to of 6931

I was unable to listen in on the conference call. Could someone please provide some kind of outline of what was said. Thanks David

To: jmt who wrote (3810)	9/23/1998 1:29:00 AM
From: Loren S.	Read Replies (1) \| Respond to of 6931

Whoever said that a stock price at any given time reflect true value of a stock. Many of us feel we're undervalued here. Perhaps at $7 to $8 in the coming months/years we will be overvalued. That does not mean that we cannot reach that price on a little momentum and irrational exuberance. Once a stock starts running the herd jumps in. Timing the top is almost impossible. Usually a penny on a run overshoots its true value many times. Look at all pennies trading 90% down from their hyped highs. If we get an accumulation of positive news, I don't think $7 to $8 is unrealistic. Whether it is fair value is a whole different question.