CSGI ...READY FOR TAKE-OFF! Message Board

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Technology Stocks : CSGI ...READY FOR TAKE-OFF!

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To: Tech Master who wrote (1386)	11/25/1997 9:13:00 AM
From: TEDennis	Read Replies (1) of 3391

Tech Master: Hmmm ... interesting find. I'm curious as to the validity of the following snippet ... >>Although the Company is currently working on a revenue generating year 2000 conversion, the Company has yet to complete a year 2000 conversion on a commercial basis with its ConSyGen 2000 toolset. Moreover, the Company has not completed a revenue generating migration project with its ConSyGen Conversion toolset since 1995.<< "has yet to complete a year 2000 conversion" ????? Uh .... but ... what about the Millennium Enterprises conversion? The one on the HP3000 platform? Why isn't it considered a completed conversion? Is that because of the word "commercial"? I be confused .. Also, a lot of shares are being offered for sale. It looks to me like the company will get enough cash from the sale to offset the underwriting fees and maybe have a small party. The vast majority of shares are being offered by "certain shareholders". Hmmmm ... I remember when the "other" Phoenix based company did something like this and the stock tanked bigtime. Maybe one of you financial whiz kids can explain to this techie whiz kid what all this means, and whether I should be happy or worried. TED

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