To: JWC who wrote (39840 ) 3/1/2000 8:48:00 AM From: JWC Read Replies (1) | Respond to of 44908
Another interesting one from RB. Better buy your tickets: By: mrEzE Reply To: None Wednesday, 1 Mar 2000 at 2:46 AM EST Post # of 55187 The only way the share count can be reduced in a significant way is a RS. IMO, this is perfect timing. Right now, NAZ Internet Stocks are high flyers - everyone and their grandmothers are buying tech companies, but most investors and all mutual funds, etc WILL NOT buy OTC stocks. Take the same OTC stock, stick it on the NASDAQ, and it is a darling. Sure, TSIG could get there in a year ($5), but maybe the Internet bubble will burst by then. Instead, pop the price to $10-$20 share with the RS, list on the NAS, and then strap in - we'll ride the Internet rocket. Some simple math: Assuming the stock goes to $1 before the RS - very probable IMO: You own 10,000 shares at 1.00 - investment of $10,000. Reverse split 1->10. You now own 1000 shares @ 10. Still $10,000. Stock takes a 20% hit (doubtful, I think, but what the hell). You now own 1000 @ $8 ($8000). 90 days later TSIG, which BTW, will have done 2 more coke deals, whatever the hell else they will have done to get $40 million, and be turning a profits, is listed on the NASDAQ. You now have 1000 @ let's say $30 ($30,000), plus a low float (30-40 million shares), and rocket boosters. BTW - if you are joining us for the shareholder meeting, you should book your tickets - I purchased mine today and they are very expensive, as that is a spring break weekend. P.S. looking forward to watching the shorts burn tomorrow. he he. I hate TSIG shorts and have been looking forward to this for a long time. I love the smell of a short cover in the morning!