Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John S. Baker who wrote (6112)	5/27/1999 5:37:00 PM
From: BarbaraT	Read Replies (1) \| Respond to of 6931

I second that motion. I am really sick and tired of hearing about reverse splits. Unless and until there is cause for concern, I see no reason to keep harping on this issue. We have been repeatedly assured that there will not be any such occurrence. That is not to say it won't happen ... but it is safe to say that at this point it is not in the cards and I am content to believe that there will be none in the cards. If that should ever change, there will be a mob riot with me at the head. IN the meantime, this is a sore subject and John happens to be 100% correct. Why scare off future investors with such speculation when at this point in time it is pure conjecture on the parts of a couple investors. There has been no change in the company's position on this and as at my last conversation with Don, he reiterated (as has JJ) that there will be NO REVERSE!!

To: John S. Baker who wrote (6112)	5/27/1999 5:55:00 PM
From: gary g	Read Replies (2) \| Respond to of 6931

But in making my personal investment decisions regarding TSIS, I am taking at face value Don's multiple and categorical public statements that he does not plan on one or anticipate one. -------------------------------------------------------------------- John, in the pass I have tried to make the point that the company should retire the 20 million shares authorized but not yet issued. I said that, that alone may prevent the need for a reverse split, I do not have a great deal of confidence that ,that alone will prevent a reverse split but it is sure a large step In the right direction.a reverse on 30 million shares vs a reverse on 50 million shares is a large difference in the value of the post split shares. I also believe that it would go a long way in building more sophisticated investors confident.there in my opinion is no way this company can grow its earnings to accomplish its goal of being listed on NASDAQ or even prevent it from being delisted, and consequently being pink sheeted,with 50 million shares authorized,.

To: John S. Baker who wrote (6112)	5/28/1999 12:25:00 AM
From: Tai Jin	Read Replies (1) \| Respond to of 6931

Theoretically speaking, a reverse split would not be a negative if at that time TSIS had great earnings and demonstrated earnings growth. Most companies doing a reverse are either in danger of being delisted and/or have very bad fundamentals. It's no wonder that they continue to fall. There are stocks which have reverse split for legitimate reasons and have not suffered for it. Those companies have solid fundamentals. Therefore, I feel that TSIS must also have solid fundamentals before it attempts a listing. With solid earnings growth, the stock may well appreciate enough for a listing. But if not, at least a reverse should not be detrimental. Trying to get listed just because management believes it would help the stock price is not in itself a legitimate reason. That would be like putting the cart before the horse. Sure, it would open the doors to institutional investors and others, but they won't invest anyway unless there is very strong earnings growth (especially for a company coming off the pink sheets). ...tai