Teleplus was a little bit of a shining star against a pretty bleak landscape this past week. It’s a new idea, and this one is all about the numbers.

Today, just prior to the open, TLPE announced it had beefed up its management team with Tom Davis, a 30 year vet of the telecom business with vast experience on the operational side. Click Here to read the press release.

If the company is going to maintain its 104% growth rate, it is going to need strong management. After all, they have formally projected they will deliver $21 million in ’05, and jump to $55 million in ’06. Based on September quarterly results, their annual run rate is about $27 million. Therefore, they need to continue on the current path to deliver on projected results.

As you can see from the chart, this week’s announcement sparked a little mini rally in the stock, which has come down considerably from it’s brief trip to $.55 in early July.

The horizontal blue line at about $.22 represents the support line for the stock.  This is where you should set your stop loss. If the stock trades much below $.22, simply sell it and get out. As long as it hangs above that level, there is no need to worry about short term flucuations.

The upside from the current level in the short term (before year’s end) is probably about $.35, the previous spike. In order to achieve that level, the company will have to deliver another positive event which demonstrates to shareholders they are on their way to achieving the $55 million in ’06 sales.

Your comments and questions are welcome.