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

To: Blayton who wrote (5615)	3/23/1999 5:08:00 PM
From: HARRY BROWN	Respond to of 6931

Blayton:Thanks, I apparently did not update the room to see that the "kill" had been confirmed. Thanks and profitable investing, Harry

To: Blayton who wrote (5615)	3/23/1999 5:29:00 PM
From: gregor	Read Replies (2) \| Respond to of 6931

I'd say this paragraph was the one that got them into hot water... "In addition to Frontier's own teleconferencing business, Frontier also provides conference call platform services to major telecom clients such as US West and Nortel Networks. These powerful companies and their customers will now also benefit from ITI's unique recording & replay services through Frontier's relationship with ITI." But this paragraph is going to be the one thing that could launch TSIS into the stratosphere IMO. "New York, March 17 (Bloomberg) -- U.S. stocks may rise, led by telecommunication shares on merger speculation after Global Crossing Ltd. agreed to buy Frontier Corp. for $11.2 billion in stock." I do not feel this was a "rookie" mistake by JJ. However if he would have left the first part of the release 'as is' in stating "various business interests in North America and Canada", I do not feel Frontier wopuld have been offended. If no "rookie" mistake then what.? In defense of JJ I feel this is what happened. Frontier exec's are bound to be skittish in not wishing to transgress release policies of Global Crossings at this point of the buyout. i. e. always easier to roll heads in the first 90 days of a buyout. I feel Frontier exec's are covering their backsides, I do not feel they consider this a relationship altering event and I feel this is the best thing that could possibly have happened for TSIS shareholders, (at this point ). This, 'screw up' should push us over 50 cents near term, and longer term the Global Crossing Ltd. buyout is,, The very best thing that could ever have happened to TSIS . A close relationship with Global Crossings open us up for: 1. International Access 2. A European Division. 3. Trans Atlantic and Trans Pacific applications that we haven't even dreamed up yet. Gregor