To: Tom who wrote (31412 ) 6/17/1999 3:18:00 PM From: Renamed Read Replies (1) | Respond to of 44908
To All from RB By: Chuckwalla Reply To: None Thursday, 17 Jun 1999 at 3:07 PM EDT Post # of 11556 Had a good chat with Paul Henry In a nutshell. 1-He said of the waning investor confidence. That investors should ask themselves why major players like Signature(billion dollar company)Liftime Learning( solid reputation in the schools)Nettaxi(major net presence,16th most popular site last time I looked) and Tempo would allign themselves with TSIG if the company was as bad as some suggest. 2-There is much frustration at TSIG now. Mr Henry expressed frustration at the fact that so many untruths are bought into over these threads and not many shareholders call to get the truth or the rest of the story.Frustration at the current share price(oh,dont we know).He still feels that the PP holders are friendly and not as accountable for the current share price as that of individual shareholders or groups that have bailed. He said that the constant badmouthing of the PP's is not good for the company because they are the sole reason TSIG is here today. They are searching for additional financing to get them over this last hump and would like to see a major investor take a piece of the company. There is also frustration that they are so close to achieving their goals but the share slide has slowed their momentum. 3.-Still nothing concrete on the start of Signature but they are hoping for this month. Nettaxi will be coming soon, he said they have more control over that one and are working on it in-house.Web site updates and developements will be done in-house and they are looking for a couple more people to add to the two that are there now. 4.-TSIG apparantly will not pursue the bashers who have ravaged these boards as their lawyers have advised them, "not to go there". Mr Henry talked a little about how the internet age has opened up a whole new era in investing where thinly traded issues like TSIG can suffer mightily through BB manipulation. He said they are learning and that individual investors are learning too and he thinks something will be done about it in the future. 5.- There is more then one side to the Babe Ruth story then the disgruntled investor paints. He felt TSIG got in on it too late this year to make a real go of it, but next year should be better. I said to Mr Henry, The one thing about all these deals and the one to come is that these companies are going to need a company that is going to be around next year. At that he said, Exactly. He does feel that TSIG will be a success and will be around next year but couldn't paint a clear picture as to what the future holds with so much uncertainty in the current picture. OK, there's my DD for the day. I dont want any basher to comment on this unless they call the company directly and qoute Mr Henry or Mr Gordon directly. Not an old qoute, but a direct current qoute from the company, not a vile opinion.