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To: Jeffrey L. Henken who wrote (307)9/29/1998 10:25:00 PM
From: BarbaraT  Read Replies (2) | Respond to of 939
 
Jeff - I believe the company is undervalued now, but I am really not qualified to give numbers. From what was bandied about on the conference call and mentioned by the CEO, the stock should be well over $1. And yes, I do see this company becoming significantly profitable next year -- I would say that we should start seeing a big improvement around the spring of next year. Don Cameron (CEO) said that GTE alone would double existing revenues. This is based on the prepaid calling card/surveys that TSIS will be performing for them. Currently, GTE is out selling the cards so I do not foresee this program becoming fully operational for at least a couple months, maybe longer. Once the cards are sold, we are in business and from that point on give it 6 - 12 months (and that is the CEO's expectations) and we shall see significant revenue from that source alone.

In addition, it seems that all the RBOC's have expressed interest in this program as has MCI. And that is only the tip of the iceberg. They have not yet started with credit card companies .. and that will be their next marketing target. When a cardholder calls to activate his card, he will be given a brief survey in which to respond. This is a huge marketing tool for the companies contracted with TSIS and gives them immediate results. The mail in surveys take anywhere from 30 - 60 days to tabulate and are more costly. The profit margins on this are tremendous.

Anyone interested can call the IR department at 888-546-2957. This is definitely the bottom floor of a growing company. It looks like most of their growing pains are now out of the way and we should start seeing great improvement over the next few months. It is anticipated that there will be several press releases coming out over the next couple weeks, and there seems to have been large buying coming in. My only regret is that I am in at much higher prices, but I have been averaging down whenever I get cash as I see this as an opportunity. A real diamond in the rough, although it seems that the rough edges are getting smoothed out.

Whatever you decide, good luck in your investments. Obviously, I am very excited about this company but would rather everyone do a little research for themselves. The TSIS thread is very informative and their are notes and discussions regarding the conference call. If you call the IR number, you can speak to Dennis or Scott and get an investor package for research and answers to any questions.