Hello everyone, a little perspective:
It seems that TSIG's order number grows by one every time somebody places an order online - simple enough. Right now we seem to be close to order number 1450 (I do not believe this includes telephone orders - remember, TSIG bought the assets of CCI which includes the rights to a lot of operating distributors). Assuming we have placed 1450 orders over the internet, and assuming an average order is for $50 (is this reasonable?) then we have generated close to $72,500 in revenues. Doesn't sound like a lot, does it? Well, lets compare it to when CDNOW got started. From Feb 12, 1994 (CDNOW's inception) until Dec 31, 1994 (i.e., almost 11 months), CDNOW generated $103,116 in net sales. How long has the TSIG website been operational? 3-4 months? Something like that? All things considered, we are not doing too badly. While we may (and probably will, IMO) get some spikes into the dollar(s) range, the long term SFLB comes from consistent sales and/or the potential for consistent sales. If TSIG can keep up what it is doing, and continue to expand upon that, I feel we could hit the $10-$20 range in 1 to 3 years. That would be quite profitable *if* you kept your stock. This little gem should be tucked away into the safe and only looked at once a quarter. Just let TSIG do its thing. The stock price will rise and fall, but in the end it will be up - way up. I'll see you in a few years.
-Dave |
