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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: Andrew H who wrote (12080)12/15/1998 7:18:00 PM
From: slaffe  Read Replies (1) of 44908
 
Correct me if i am wrong. tsig outstanding shares are 57.5m. 4times 57.5 gives tsig a cap rate of 230 mil. We only need a share price of $1.00 to satisfy nasdaq requirements for cap rate. I think the $4.00 figure you are alluding to here is in regards to the minimum share price needed. It is my opinion that neither of these requirements are going to stand in the way of tsig. To quote Mark kabash (vistaquest, pr company, see tsig header) earlier this year. It will take an act of god for tsig not to obtain the nasdaq requirements.

It is also my opinion that when tsig obtains nasdaq listing it will also become one of the very few profitable companies in it's sector. At that time, perhaps even before then, we can say goodbye to the small pitiful price of $4.oo. We will then become not only subject to the lofty valuations given to the internet sector but also attract the traditional investor that insists upon traditional valuations as well.
At that time the seemingly large float that tsig has will become a non issue as tsig takes it rightfull place in adulthood admid our current competitors.

To the momo players that are coming on board, I say welcome, however be careful about selling. Imho, you would do well to cut your sell finger off and enjoy the ride that is going to last for a looooonnnggg time.

Slaffe
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