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Technology Stocks : TSI TelSys Corporation - Satellite communications -- Ignore unavailable to you. Want to Upgrade?

To: Robert who wrote (128)	5/7/1999 10:21:00 AM
From: MF	Read Replies (1) \| Respond to of 241

I'm still holding every share I bought and I don't blame anyone. This company appears to me to be doing all it can to get off the Montreal Exchange and get down south. They have filed a registration with the SEC and are "getting their ducks in order" for a US listing. I am strongly considering averaging down and getting a stronger position. I believe the stock should be valued in the $4-5 range and I am willing to sit back and wait a year to make my 300+%

To: Robert who wrote (128)	5/10/1999 12:14:00 AM
From: Ron Struthers	Read Replies (1) \| Respond to of 241

Robert, I imagine there were some that traded the stock for a gain, but most of the stock is still with institutions and the original funders of the company or it would be trading more volume. Myself, I have made no money yet and usually invest for a medium to long term. I bought stock as high as $1.60, $1.70 and $2. and of course am kicking myself now, but I will likely buy more and average down these prices. I am still comfortable where the company is headed, but not the stock obvious. These things eventually turn around to more appropriate valuations. Value investors should find this very attractive when they learn about it. Ron