TeleCommunication Systems, Inc. (NASDAQ:TSYS)
CAPS Rating:
The Company develops and applies reliable wireless data communications technology.
The Company develops and applies reliable wireless data communications technology.
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Recs
TSYS results in Q1 are low because of govt. budget problems. The need for secure communications is growing and both govt and commercial markets are growing. Signs of growth are there. It's easy to anticipate significant revenue growth by year-end. Stock trades today at 15 PE. By end of year stock will be above 6.00 without increase beyond current backlog.