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

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To: FREAKAZOID who wrote (27231)5/3/1999 4:32:00 PM
From: Stealth  Read Replies (2) of 44908
 
To All:

Not that I want to add to the carnage, but here's something potentially relevant to why today wasn't a good day.

"Amazon.com tumbled 18 3/8 to 153 11/16 and was the biggest decliner in the Nasdaq 100. Barron's said in its "Up & Down Wall Street" column that the largest Internet retailer's shares are worth $25 at most. The company, which this week reported widening first quarter operating losses and increasing marketing costs, won't make money any time soon because of its aggressive growth program and heavy spending on sales and marketing."

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