Hello REW. While everyone is understandably impatient waiting for TSIG to begin to live up to the high expectations that we have for the company - the following is why I am very confident in TSIG for the long term.
The partnerships that TSIG has entered into are impressive IMO. One partner, Enso Audio Imaging Inc. is at the forefront in developing electronic commerce for audio and video. Thus TSIG has one foot in the door as to where this industry is eventually heading.
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06/15/98
Dow Jones News Service
WASHINGTON (Dow Jones)--Seven Internet companies united to
form a Digital Media Association that will operate as a trade association to develop and promote electronic commerce for audio and video.
In a press release Monday, the association said the companies involved in the venture are: a2b Music, Broadcast.com, CDnow Inc. (CDNW),
Enso Audio Imaging Inc., Liquid Audio Inc., RealNetworks Inc.
(RNWK) and TCI Music Inc. (TUNE)
A2b Music, New York, develops and markets technologies for online
delivery and licensing of music.
Broadcast.com, Dallas, transmits signals from radio, cable and television stations, and live entertainment events and company meetings on the World Wide Web.
CDnow, Jenkintown, Pa., is an online music store.
Enso Audio Imaging , Seattle, digitizes music samples that it transmits to Internet sites that promote and sell sound recordings.
Liquid Audio Inc., Redwood City, Calif., provides software tools and technologies to promote and sell CD quality music over the Internet.
RealNetworks, Seattle, markets software and services for consumers to
receive real-time performances of audio and video over the Internet and other digital broadband networks.
TCI Music, New York, operates music-oriented Internet web sites.
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Another partner of TSIG, Muze Inc., has played a major role in what
CDnow has to offer. This affirms my belief that TSIG is working with partners that know how to make an online music site successful:
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07/22/98
Dow Jones News Service
NEW YORK (Dow Jones)-- Muze Inc . Wednesday said online music
store CDnow Inc. (CDNW) incorporated more than 10,000 artist
biographies from Muze's Encyclopedia of Popular Music to enhance its
music content.
In a press release, Muze said it's music database has provided the
backbone for much of CDnow's music content since 1997, under a
partnership between the two companies.
Muze is a provider of book, music and movie information.
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Then, consider the unbelievable growth that will occur in this industry over the next six years. From $ 29 million in music sold online last year to $ 3.9 billion, or 8 percent of of global sales, in 2005. The math makes my mouth water. What if purchases made on line increased to 12 percent ? Then consider the teleservices advantage whereby 40 % of consumers still do not feel comfortable making a purchase over the internet and desire to use the telephone. Finally, consider that most of us are getting into this stock at less than a dollar. For those able to purchase TSIG at it's current price level is an opportunity to achieve exponential returns if TSIG lives up to its potential.
But one thing is for sure, the opportunity to gain a foothold in this market won't last forever. You are 100 % correct that TSIG management has to find a way to keep its investors more informed. I believe that may be what is causing some of the anxiety.
Although everyone on this board hates daytraders (I guess you can hate me to a certain extent - although I also invest for the long term), there is one excellent site where you can get comprehensive information about a company. Type in TSIG in the blank "data" field and a wealth of information will come up. I'm sure you'll like it:
daytraders.org
Good luck to everyone !! |
