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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: Mr. Z who wrote (31935)6/29/1999 11:22:00 PM
From: Buckey  Read Replies (1) of 44908
 
I copied this NR - aaaam I missing something or was this NR wrong????
Very confused that they are making positive earnings - Note I think the revenue pice got cut off.

TSIG.com Announces First Quarter 1999 Results; Corporate Shift Toward eBusiness Refocuses
Company for Success

TSIG.com Announces First Quarter 1999 Results; Corporate Shift Toward
eBusiness Refocuses Company for Success

ST. PETERSBURG, FLA. (May 17) BUSINESS WIRE -May 17,
1999--TeleServices International Group Inc. (OTC BB: TSIG), known as
TSIG.com, today announced financial results for the first quarter ended
March 31, 1999. Results for the quarter were in-line with management's
expectations as it shifts focus toward a new eBusiness model.

Revenues for the three months ended March 31, 1999 increased 8% to
$102,302, compared to $94,411 for the same period a year ago. Net
income for the quarter, increased to $2.9 million from a loss of $2.0
million in the first quarter 1998. Earnings per share were $0.04 per
share
, compared with a loss of $0.06 per share in the first quarter of
last year.
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