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

To: jmt who wrote (6163)	6/1/1999 9:57:00 PM
From: Skip_S	Respond to of 6931

JMT Looking at the TSIS chart, this was the highest volume sinse Oct98. If the volume continues, this could be a nice break out. As for who are the major holders? I can account for roughly 25 to 30 percent. Who owns the rest....no idea. I was the last buy today at 43 cents. My 401k finally got transferred in my new etrade 401k. Bought 20,000 which went thru as a 10850 & 9150. If I didn't buy, it would have closed at 40 cents. After I bought, the ask went back to 44 cents. The revenues and earnings are growing, that is the bottom line. THe price will eventually catch up. Skip

To: jmt who wrote (6163)	6/1/1999 10:06:00 PM
From: BarbaraT	Read Replies (1) \| Respond to of 6931

There were a lot more buys .. but when the bid was .43 selling came into it. I imagine there are a lot of impatient investors (I use that term loosely) that bought in around the .25 - .30 level, and wanted to take some profit. I would think that once the bid hit the .39 level again, the selling tapered off. I know this morning that most of the trades were buys - a friend with Level II filled me in -- but haven't a clue as to which were buys and/or sells later on. Only clue I have is if it was at .39 or .40 I assumed it was a sell, and over .40 a buy. I hope the volume keeps up and buying comes in. There are quite a few million held in firm hands. I know that between Skip and myself and John there is over 1 million shares firmly held - and I know that Skip and I aren't selling (and I believe that John has been in this so long he feels the same). In addition, Skip has a broker friend who controls more than 3 million shares and although I have a feeling that some of those are being traded, I believe the bulk are firmly held since that group expects this stock to go to $10 over time (I would be happy to see $1). Let's hope tomorrow it goes up and holds.