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

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To: Suzanne Newsome who wrote (43585)	12/10/2000 11:14:24 PM
From: ztect	Read Replies (2) of 44908

Didn't TG say he bought some CMGI? Quite an article in the NY Times today. Already clipped to SI: Message 14987570 Here are some juicy excerpts. "...By the next quarter, Engage had to face reality. It laid off 175 people in September...." "...AltaVista abandoned its effort to be a vast consumer portal and focused on selling its search software to corporations to use on their own sites. It laid off 225 people. Rodney W. Schrock, its chief executive, quit in October...." "..It promised to reduce its burn rate from $225 million a quarter last July to $45 million next July..." "...Cutbacks, meanwhile, continued. CMGI closed 1stUp, its advertising-supported Internet service offered free to consumers, and it hired investment bankers to sell Raging Bull..." $225 mil burn rate per quarter !!!! Maybe TG should go save some people over on the CMGI threads and invite all his "friends" there. Hopefully CMGI will sell Raging Bull Shiet to some group with some semblance of a conscience.

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