To: jmt who wrote (4688 ) 12/5/1998 2:17:00 AM From: Loren S. Read Replies (1) | Respond to of 6931
<<Off Topic>> jmt, don't want to endlessly debate you about other stocks because TSIS followers are going to start getting on my case soon, but I'll just add the following. I invest in nothing but pennies. I do so because I am looking for the big score. As Barbara and I have compared notes in private messages today, there is an awful lot of penny garbage out there. But as we all know investing in pennies, if you hit one real big, it can make up for all the other crap many times over. Personally as I've gone along I've been trying to find pennies with meat more than hype. I truly believe that TSIS is almost all meat. Dozens of contracts with blue chip companies. Creative application of their existing technology to meet new business niches. No debt. Seemingly solid management. The missing ingredient as we all know is reporting status. I view INNI in the same way I do TSIS. They've already got solid contracts in place with IBM and Netscape. IBM owns a percentage of the company's stock and is a close partner in their tech development. The company has already been profitable for the past six quarters. They have a big, long awaited Netscape server release with INNI's tech a part of it, coming in January. There are rumors that they have another big contract in the pipeline. In summary, solid penny. As for ECOI, when I originally recommended it here, it had already begun to run from $.07 to $.14 and the momentum was up. At the time I thought it would keep rolling. There have been snags. A news announced merger with another company, EINI, fell apart a week later, when a misunderstanding of the payment plan occurred. Second financials didn't come when expected. It looked like another one of those shady pennies with unfulfilled promises. Today I am betting that they fulfill their promises, mergers, financials and all. The president of the company, Charles Weber, was President of Lucasfilms at one time and is a very well respected insider in the entertainment world. With supposedly 30 million outstanding, 6 million float, an existing revenue stream, acquisitions and financials (supposedly) on the way, ECOI is a great gamble at $.06. At the same time it is not a TSIS or INNI. The former have solid contracts in place. ECOI is much more speculative. But the potential rewards are that much greater with the increased risk. Everyone must do their own DD.