Shares Outstanding: 63.78M
Float: 59.40M
% Held by Insiders: 6.87%

chart:
http://stockcharts.com/def/servlet/SC.web?c=tspt

TSPT - TEAM SPORTS ENT (OTCBB)
Date Open High Low Last Change Volume % Change
09/03/04 0.0440 0.1000 0.0440 0.0900 +0.0500 800300 +125.00%

Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy

Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 114525

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 122572

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 106312

Overall Average: 100% - Buy

Price Support Pivot Point Resistance

0.0900 0.0220 0.0780 0.1340

RECENT NEWS:
Team Sports Entertainment Signs Letter of Intent to Acquire Idea Management Group
Wednesday September 1, 3:10 pm ET

DALLAS--(BUSINESS WIRE)--Sept. 1, 2004--Team Sports Entertainment, Inc. (Nasdaq: TSPT.OB - News), announced today that it has reached an agreement and entered into a non-binding Letter of Intent to acquire Idea Management Group, Inc. Based on the completion of required security-related filings and agreed-upon due diligence, it is anticipated that the acquisition will be completed by September 15, 2004.
William C. Morris, Chairman & CEO of Idea Management Group commented, "We are extremely excited about the upcoming acquisition by Team Sports Entertainment. This relationship will allow us a financial platform that will enable us to meet our anticipated growth needs".

Team Sports Entertainment, Inc., incorporated in 1985, is a development stage company actively engaged in seeking a qualified private company as a candidate for a business combination. The Company has one wholly owned subsidiary, Maxx Motorsports, Inc. Maxx, through its wholly owned subsidiary, Team Racing Auto Circuit, LLC (TRAC), planned to develop, own, operate and sanction an automotive racing league designed to provide content for television and tracks while expanding the existing base of racing fans. Team Sports, which has been in the development stage since its inception, May 15, 2001, did not establish sources of revenue sufficient to fund the development of business and pay operating expenses, resulting in a net loss from inception through December 31, 2003. Accordingly, on August 26, 2003, the Board of Directors of the Company unanimously approved a plan to immediately discontinue its racing operation.

Since August 26, 2003, Team Sports has attempted to locate and negotiate with a business entity for the merger of that target business into the Company. In certain instances, a target business may wish to become a subsidiary of Team Sports or may wish to contribute assets to the Company rather than merge. No assurances can be given that Team Sports will be successful in locating or negotiating with any target business.

A business entity, if any, which may be interested in a business combination with the Company may include a company for which a primary purpose of becoming public is the use of its securities for the acquisition of assets or businesses; a company which is unable to find an underwriter of its securities or is unable to find an underwriter of securities on terms acceptable to it; a company which wishes to become public with less dilution of its common stock than would occur normally upon an underwriting; a company which believes that it will be able to obtain investment capital on more favorable terms after it has become public; a foreign company which may wish an initial entry into the United States securities market; a special situation company, such as a company seeking a public market to satisfy redemption requirements under a qualified Employee Stock Option Plan, or a company seeking one or more of the other perceived benefits of becoming a public company.

Team Sports may seek a business opportunity with entities which have just commenced operations, or which wish to utilize the public marketplace in order to raise additional capital in order to expand into new products or markets, to develop a new product or service, or for other corporate purposes. The Company may acquire assets and establish wholly owned subsidiaries in various businesses or acquire existing businesses as subsidiaries.

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http://quote.barchart.com/texadv.asp?sym=TSPT
http://quote.barchart.com/texsnap.asp?sym=TSPT
http://stockcharts.com/def/servlet/SC.web?c=tspt,uu[m,a]daclyyay[pb50!b20][vc60][iUb14!La12,26,9]&pref=G

I think they have found the merger they have been looking for..............just my dogged opinion.

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You Must Adapt To Your Opportunities And Weaknesses. You Can Use A Variety Of Approaches And Still Have A Consistant Result. - Sun Tzu, "The Art Of War"

Do Da Due.....But Be Damn Quick About It. - Dardadog, "Da Art Of Daytrading"

quote:

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Originally posted by Clarkie:
alright guys, do I wait on the dip since its at .09? What does everyone recommend?? I like this company!

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Its tough to say, if at opening it runs, you may want to jump right in. or you may want to wait and see if it dips off fridays run.

Often after a 1 day run, stocks stay stagnant or dip, sometimes they continue to run. you will have to play it by ear and do whats comfortable to you.

good luck,

keith

quote:

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Originally posted by Clarkie:
Good entry at .07?

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momentum level to nil--mach D separating--
not a good time to buy..just by the charts