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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO -- Ignore unavailable to you. Want to Upgrade?


To: Ciao who wrote (558)4/19/1999 8:57:00 PM
From: speculatingvalue  Read Replies (1) | Respond to of 1762
 
I see a declining share price as opportunity. I chased GLE from $5.20 to $3.20 on the way down before the recent run. You have to have the confidence to buy low and sell high.

By definition, it is low because no one else wants the stock!

The tough part is the lack of liquidity. I have to admit that I was getting pretty concerned with the warrants.

Do you have any thoughts on where TOM could go?



To: Ciao who wrote (558)4/19/1999 9:46:00 PM
From: John Trudeau  Read Replies (2) | Respond to of 1762
 
Ciao, like you, I used the low share price to average down. Hindsight is 20/20, but a Co. that's able to put $25M in sales together, has a clean balance sheet, and maintains a small float... well, do I need to say more? There's risk in all these ASE plays, but relatively speaking, TOMmy is low risk. If these boys nail down a deal (or two) and the stock is managed properly, our patience will be rewarded.

Interesting stat:

It took approximately 2 hours today for TOMmy to regain what it took 2 months to lose last fall.

JT