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29 October 2002 14:02
Taglich Brothers Announces Investment Opinion on Teton Petroleum: Taglich Brothers Starts Teton Petroleum Company as Speculative Buy
--30--AWG/na* CONTACT: Taglich Brothers, Inc. Vincent Palmieri or Francisco Clough, 800/456-1220 research@taglichbrothers.com http://www.taglichbrothers.com NOTE TO EDITORS: The following is an investment opinion issued by Taglich Brothers NEW YORK--(BUSINESS WIRE)--Oct. 29, 2002--Taglich Brothers, Inc., has initiated coverage of Teton Petroleum Company (OTCBB:TTPT)(recent price $0.39) with a Speculative Buy rating and a 21-month price target of $1.80 per share. Teton Petroleum Company, based in Steamboat Springs, CO, is engaged in oil and gas exploration, development, and production in Western Siberia, Russia. Taglich Brothers, Inc., is a full-service broker dealer focused exclusively on microcap companies. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community. Additional information is available upon request or on our website at http://www.taglichbrothers.com . The information and statistical data contained herein have been obtained from sources, which we believe to be reliable but in no way are warranted by us as to accuracy or completeness. We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, BNY Clearing Services, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statement is the opinion of Taglich Brothers, Inc. and is not a guarantee that the target price for the stock will be met or that predicted business results for the Company will occur. There may be instances when fundamental, technical and quantitative opinions contained in this report are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with. As of the date of this report, we, our affiliates, any officer, director or stockholder, or any member of their families do not have a position in the stock of the Company mentioned in this report. All research issued by Taglich Brothers, Inc. is based on public information. Taglich Brothers, Inc. does not currently have an Investment Banking relationship with the company mentioned in this report and was not a manager or co-manager of any offering for the company with in the last three years. The company pays Taglich Brothers, Inc. a monthly fee for the creation and dissemination of research reports.
[CAIW [Corporate Announcements Intelligence Wire]]

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