I though everyone knows that Shawn Murphy and Tech is the same person and is T-Man and that Tech is now over on Yahoo but no one is buying into his hyping this time. I cut and pasted these from there.
CSGI not likely to hit $8 soonpablosd
Jul 9 1998
4:48PM EDTRegardless of the trader (tech) who claims he also is an expert in Y2K business, CSGI seems to be floundering very badly. Heard that they have $5 million left and are going all out to hire 20 sales people to bring in some business. That is hard in that industry. There simply aren't 20 good sales people available!!!
Also heard they hired a Compaq executive to run it. Who would leave Compaq? That could be good news!
Sales Manager just quit (after 5 weeks on the job) and recruiters are aggressively trying to hire any remaining technical experts whose "sweat equity" (i.e. options) don't look so good anymore.
Prediction, $1.00 before the end of the month, off the boards by September. Out of control
Hate bad news but this one seems obvious and although we like to hear the good news from "insiders" like Tech, I'm out today 10,000 @ 2.85. Whew!!!!
Ciao! off this thread forever.....
ÿ
<- Previous Next -> Message 68 of 74Reply _Tech__ has a record on SI.baronss
(just turned 30/M) Jul 9 1998
6:20PM EDTJust checked and _Tech__ was very active hyping CSGI on SI. I think he was booted out for posting under multiple aliases to hype this stock. I do not know much about CSGI, but claims on
their web site are preposterous. Technically highly unlikely
that their automatic solution works as claimed. There are so
many other Y2K companies that are profitable and investors will
not throw money at companies like CSGI which have already missed
the window of opportunity. Be careful and do your own researh
before investing.
Baron.
ÿ
Regretfully agree with pablosdWald76
Jul 9 1998
7:54PM EDTI've never had any position in CSGI, but I've followed the
SI thread for some months. You should take a close look at
the SEC filings. In the last nine months they've lost
$2,439,873. Total revenues for the same period have been
$358,942.
I don't understand why the market is valuing CSGI at $46m
when it is small; very unprofitable; in an industry that
will vanish in 6, maybe 10, quarters; and suffering apparently
severe management turmoil. This valuation assumes that
they'll bring in about $65-70m in pre-tax net income over
these 6, maybe 10, quarters. This stock looks terribly
overvalued to me. |
