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

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To: REW who wrote (44102)12/24/2000 11:16:27 AM
From: Zeev Hed  Read Replies (2) of 44908
 
The basic question, with or without Gordon, is this company worth close to $60 MM cap? They have no money as far as I can see, they have debt that may be called before the end of the year and no hope in the next five years of reaching bottom line profits of $6 MM. I still believe that the stock will go to $.10 (or a penny in the old stock). It is a vicious cycle, in order to generate $6 MM in profits, someone will have to finance the "model", that someone will want a big chunk of the company in exchange (if that someone can be found in the current environment), leaving the current holders, once more with 1/10 of the company. The cycle will simply repeat as long as they can create minirallies to sucker more novices (and even current perpetual optimist holders)to exchange good cash for worthless paper.

Zeev
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