I think it will take revenue numbers to start moving the price upward.
Conveniently, TSIG keeps "reminding" us from where the revenue is expected to come too.
Example - from the latest (3/8/99) press release:
Monday March 8, 9:11 am Eastern Time
Company Press Release
TSIG.com's Online Services Division to Establish Headquarters in Silicon Valley
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--March 8, 1999-- TeleServices International Group Inc. (OTC BB:TSIG - news), known as TSIG.com, Monday announced that its newly formed Online Services Division will establish offices in Silicon Valley, Calif.
The Division will run daily operations out of this location, including sales, marketing, and development of Online Services Products.
The Online Services Division is headed by John Hwang, senior vice president and chief information officer. Hwang, also a director of TSIG.com, was most recently managing partner at Cohesive Technology Solutions, a leading information technology consulting firm, where he was responsible for e-commerce and Internet strategy consulting for such clients as Netscape (Nasdaq:NSCP - news), Microsoft (Nasdaq:MSFT - news) and Oracle (Nasdaq:ORCL - news).
Commenting on the decision, Hwang observed: ''We believe that Silicon Valley is the natural home for TSIG.com's Online Services Division. As a pioneer of cutting-edge products, we believe we must be situated in the heart of technological innovation and talent.''
TSIG.com's Online Services will offer next-generation ISP products and services to businesses on a subscription rental basis. These products and services will include e-commerce packages and industry vertical solutions.
(this part above was, in this release, a "new addition" to the revenue source line up)
TSIG.com also operates two other Divisions: Products and Services, and TeleServices. The Products and Services Division forms revenue-sharing programs with corporations and not-for-profit organizations to raise funds with its My Card programs for the retail sale of music CDs, Kodak film and film processing, video DVDs, and a rapidly expanding array of other products. The TeleServices Division supports Products and Services as well as its own corporate customers through its state-of-the-art call center, which provides fully integrated global teleservices to companies selling products and services through toll-free numbers and the Internet. |
