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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: JWC who wrote (12889)12/19/1998 6:34:00 AM
From: Maryann M  Read Replies (1) of 44908
 
JWC and Sam, Have you seen this on the SI Favorite Pick thread? Do you think financial stability is an issue?

Okay, let's hire the boy scouts and campfire girls to help the Babe Ruth league sell our music cards.
M
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To: Jsolo (23 )
From: Stock Watcher Friday, Dec 18 1998 2:49PM ET
Reply # of 36

J - On TSIG; trading volume extremely high - close to 2 mil. so far today.

Teleservices company on BB. 129 employees, 9 months ending 9/30/98 revenues fell 63%, BUT, net loss decreased 24%.

Trading range: support @ .30 / resistance @ .50

What concerns me is "statement of financial instability" in lastest SEC filing. As of 9/30/98 TSIG had an accumulated deficit of over 32 mil. and a working capital deficit over 7 mil./ Even though the chart looks good and appears to be "breaking-out" above the .50 level, they have a ton of debt to erase before you'll see .01 per share.

The volume is today is amazing. There's obviously alot of buying today based on recent press releases,(one today on the subject you posted), which announce recent credible affiliations, new contracts and expansion of teleservices into new internet businesses.......good luck !

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