Hi Phil,
I think the article you posted is excellent. Besides the paragraph you pointed to, IMO, almost everything stated could easily be applicable to TSIG. Although the CompactConnections (CD) part of TSIG's business is what is in the limelight right now, TSIG has many, many irons in the fire... many not even related to CDs, but all in one way or the other connected to the internet or other means of communication such as the teleservices division. Management appears to be quite "in tune" with the future needs of the marketplace and it's nice to know that they can handle things according to the demands of the market. We are not a one product company. We are not a CD company. We are, IMHO, a multifaceted conglomerate marketing and communications company utilizing the burgeoning internet as a vehicle. And with our "guerilla marketing" plans, we get paid to help others make money. Now that, IMO, is a good deal for everyone!! Also, Phil, I strongly believe we may be "selling" other things on the internet in the future besides CDs. We have a "MusicCard" now? Could there possibly be other "XXXXCards" in the wings... all using the same concept, but a different product? All it takes is a little imagination and planning... and time.
The article brought out indirectly another point:
<<The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors (emphasis added) for over 35 years. The Transcript publishes industry roundtables and interviews with Wall Street analysts, money managers and company CEOs, and is read by top money managers, brokers and individual investors. For subscriptions information call (800) 246 7673.>>
Interestingly, this quite expensive publication is utilized primarily by "serious long-term investors". It reminds me of an article I once read about Warren Buffett which has had a significant influence on my own personal investing style. Mr. Buffett looks for undervalued companies in sectors he believes are growing. By doing the best DD he can muster, he may eventually decide to take a position in a company... and then the stock is put away for years so it can mature even though he continues to follow it. When he was asked if he was concerned if and when the stock dropped 20, 30, or even 50% (which can happen even to the biggest and best in a bear market) his response was no. In fact his answer contains much logic. Mr. Buffett's attitude appears to be that if the stock price was undervalued when he bought it... if the price drops it becomes a "steal". I'm certainly not a Warren Buffett or Peter Lynch, but it sure makes a lot of sense to me... and it certainly has made a great deal of money for his investors. I have no argument with those who prefer to trade short-term or those who decide they want to take some money off the table. Every individual has to do what their personal experience dictates and has shown to be successful and works for them. But, an investor is an investor... or at least that is what the publishers of this expensive very reputable publication proclaim. With the price of TSIG down, I had one of my brokers ready to buy another 100,000 shares for my portfolio yesterday morning just after the opening, but I don't usually like to chase a stock... big mistake this time. Trying to save a few dollars when I make or add to an investment doesn't seem to work, at least for me, and I'm just not smart enough to know how to consistently time the market (besides I don't watch the tape as many on the thread can attest to... when I speak to them at night I often ask "How did we close today?").
So, Phil, IMHO, I think we have a lot to look forward to in the future. I am not a professional investor or trader or security analyst or directly or indirectly affiliated with TSIG other than as a shareholder. I'm a private investor and feel we're in the right sector for long-term growth and, again IMHO and based upon my DD and that of others, I believe we've invested in the company that will someday be at the top of that sector. Only time will tell. Right now very few people even know about TSIG, but I think that will change shortly (no, that doesn't mean tomorrow or next week because I don't know, but I truly believe it will happen sooner than later). People can call this hype if they choose. That is their prerogative, but my brokerage statements state the facts... I have not sold a single share nor do I personally intend to for a few years. Again... only time will tell whether it was better to trade TSIG or invest in the Company.
Now I'm going out to get a haircut and a manicure and have lunch and spend some time with one of my sons. Speak with you later.
Best always,
Marty |
