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Technology Stocks : CSGI ...READY FOR TAKE-OFF!
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To: angel who wrote (1655)12/22/1997 9:44:00 PM
From: tech  Read Replies (3) of 3391
 
also found it amusing. The lower the stock price goes by the end of the week the lower I can buy in and avg. down.

However, there are a few mistakes in you post that should be noted.

"have no contracts worth real money

Sorry, but CSGI has signed a 3 Million line Migration and Year 2000 conversion project with LSI (a Subsidiary of Merril Lynch) This project IS revenue generating.

CSGI's Millennium project was also a revenue sharing project.

I expect more projects to be announced as the flood gates open in Q1 and Q2 of 1998

"insiders are selling shares like crazy"

Sorry, the S-1 is a registration statement only. It doesn't indicate that insiders are selling shares. Form 144 filings are what to look at for information on insider selling.

I truly know that you didn't mean to make these errors.

btw- If you wish to short the stock, please wait until they are on NASDAQ (probably in the next 45 days) and then you can short to your hearts delight, but just keep in mind that the stock price may be at $10 to $12 by then.

Other than that, you are exactly right. This stock sucks and I hope it goes a lot lower before the last week in Dec.

stay tuned.

p.s. you might have better luck finding a market maker to short stock through. Those market managers are hard to find.
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