Well guys, thanksgiving is over. Christmas is approaching FAST!! Here we are in the first week of december. The week that we have all heard that we will be very happy with, the week that we should see some pr's. I know that I am disappointed, I bet many of you are as well. The week is not over yet, but somehow I get the feeling that this will be yet another week of no pr. So what does that mean? Does it mean that tsig is stagnating? Bluffing? Lying? I doubt it, there are too many irons in the fire. What I suspect that it means is that the deals are not finalized yet, maybe they are in the hands of some sharptoothed lawyer and RG is awaiting his stamp of approval. Maybe RG is waiting for a blitzkreig? It could mean many things, but stagnating, bluffing or lying, I think not.
I liken these days to the gay 1890's. They are very similar. Back then we had the completion of the railroads and we have all heard similar comparisons between the railroads and e commerce. We also had the advent of the automobile. Fortunes were made then as well as fortunes lost. If my memory serves me correct, the big three as we know them today did not participate in the invention of the automobile. They were so to speak, late to the party. The automobile was invented in the earlier 1890's while Henry Ford didn't enter the business until the 1900's. GM was started even after that. There were MANY small automobile manufacturers that failed around the turn of the century. So why did Ford flourish? He had a better mousetrap. he called it mass production. So how does this relate to tsig? It's simple, we have a better mousetrap as well. We call it THE CARD.
I submit to you that the players in the internet music business will not survive utilizing traditional marketing practices. It is to easy in todays e commerce world to surf as fast as your fingers will allow. There will always be someone cheaper, flashier, etc. The survivors must give the customer a reason for 1) parting with dollar 1 2) returning. To suggest that there will be only a handful of music retailers is LUDICROUS. As in the gay nineties the era of "ostentatious presentation" fortunes will be made and lost in the internet retailing sector. I want a piece of it. I want on the positive side. In short I want my setforlifebagger. As I am sure most of you that read this do as well.
Some of you here are momentum traders. That is fine, your choice. I also sure that you may look at tomorrows non news (I hope I am wrong)day and sell. Maybe the spike from .25 to $1 or $2 isn't coming quite the way you thought it might. We see all around us the sflb's happening. Makemoney, says go into bamm, there was a sflb all in one day. Aweb,ebay, the list goes on. If I knew beyond a shadow of a doubt when the next bamm was going to happen, I would sell everything thing I own and put it into that stock. Even if the time frame was far into the future. Now I am not griping, personally I don't want to see a spike up. It would be to easy to get a case of the stupids and sell, some may even call that prudent. I am not griping that I didn't get into bamm. I do however wish tsig would continue a slow steady rise so that I could "borrow" from my tsig account to short bamm, I mean really, when bamm goes from $5 to $47 in one day, who didn't know that it would come down to it's present $16? The answer to that question is the person that bought at $47, or one of the many that will lose a fortune in this internut mania. Personally today's (yesterday's) action suits me just fine, tsig up 2%. My target price for a sflb is actually low, just $16. If tsig continues to go up 2% per day, my sflb will be a reality in just three short years! Personally if there is no pr tomorrow or the next day I don't care, my shares are not for sale. The pr that I am waiting for will come around valentine's day. The fourth quarter 10q. That is when we will see some fruits of cci. The next quarter 10q (5/15/99) may very well show tsig earning a PROFIT. If so then my sflb may be a reality sooner than three years. Afterall, if ebay can get to $200+ on .02 eps, then where do you think tsig might be upon realizing a profit? An industry giant to say the least, competing directly with amzn, ktel, ntki. KTEL has gone beyond the $16 level four times in the last 8 months and imho ktel is a "also ran". So until the 2q 99 my shares are not for sale unless
1) RG shows unscrupulous behavior.
RG are you listening? If you have something to say I want to hear it. Believe me, we are watching.
2) A spike up and I get a case of the stupids
3) tsig shows a profit, upon which time my goal of a sflb should come to fruition.
Having said all of this I really hope I am wrong and a pr is forthcoming.
Sincerely
Steven J Lafferty |
