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

To: Loren S. who wrote (6070)	5/27/1999 8:13:00 AM
From: jmt	Respond to of 6931

Loren: You keep bring up INNI. Maybe it got way ahead of itself on the hype, and what brought it down was fundamentals and not the reverse. The company has contracts but no earnings. If you are against a reverse split, please use an example of a similar company growing revenue and reporting positive earnings, and assess the impact on post reverse share price after being listed on a major exchange. Do not use penny stock reg D financing manipulation and the behind the scenes scams to compare. Most companies do reverses because business problems are causing a corresponding negative impact on the stock price, which does not change after the reverse, and the decline continues. Different situation and different circumstances. Also, concerning the company's decision to execute a reverse or not, it is not an issue they would make public prior to execution. TSIS would need to get earnings on a run rate of 20 cents per share and given a multiple of 20 could trade at $4 to get an exchange listing. But this is a catch 22 as a company would likely be afforded a higher PE if listed on a major exchange. jmt