TSIG.com TIGI (formerly TSIG) Message Board

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

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To: TideGlider who wrote (23371)	4/2/1999 9:51:00 PM
From: Zeev Hed	Read Replies (2) of 44908

TG, welcome to the legion of Don Quixotes. Let me put it this way, I went on my expensive Hoover service to try and find some information on TSIG and they booted me out (VBG). The e-commerce field is getting crowded by the hour, those that somehow manage to establish brand names (which cost a lot, and VC like CMGI often put in the initial $30 to $50 MM that takes) have a fighting chance, but bootstrapping you way into fame (which from the little I have seen) will not be easy. I think this company already has more than 50 MM shares, and by the time all the floorless (is it a leaky one or a single shot?) get either converted (and the discount taken on the spot by selling the converted shares at 30% premium), or they find ways to short against the block, the number of shares required to feed lt say $30 MM into this company will be well in excess of 100 MM shares. Not much left there for the current holders, IMHO. But as I said, I did not look at this situation in any details, my first "screen" forced me to put it on the garbage heap file. Zeev

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