To: Bald Eagle who wrote (39844 ) 3/1/2000 10:08:00 AM From: JWC Respond to of 44908
Speak of the Devil, look who just posted on RB (good to see Dixie posting again. Come on back to SI RICH): By: Dixie77 Reply To: 55204 by jwc Wednesday, 1 Mar 2000 at 9:23 AM EST Post # of 55228 Yesterday?s announcement sets the stage for the future more than anything that?s happened since I?ve been investing in TSIG. It?s the main reason I?ve decided to once again post. The announcement really doesn?t give us much. Or does it? Investment banks, or I Banks as they are called within the trade are a breed apart from most business experiences. Money whores. Some are highly respected and many are not.. There are many and as many as there are they fall into various categories. Bucket shops are a dime a dozen and unfortunately they?ve been in TSIG?s recent history. For Rob Gordon to use the term prominent in this PR, I believe speaks volumes to TSIG?s potential. I have no knowledge as to any specifics of this arrangement or PR but I would like to speculate a bit. Prominent immediately brings to mind the word OLD. When you look to NY for a prominent investment banker and simultaneously think OLD only 2 firms come to mind. By the way, there really aren?t that many prominent I Banks around. Far fewer than one would believe. Merrill, Solomon, Paine Weber, Morgan, Oppenheimer and a few more. That?s it. The rest are small boutiques with certain specialties and the bulk are the chop and bucket shops. Certainly anything but prominent. Lehman Brothers was founded in 1850. It is one of the most prestigious of New York?s investment banking firms. Check it out. This is a prominent. Investment Banking firm. One that would certainly warrant the use of the term. lehman.com Goldman Sachs was founded in 1869. A relative newcomer compared to Lehman Bros. Prestige drips from the brass name plate on their building. I believe Goldman has been blazing a trail in the Internet community as of late. Can someone confirm that Goldman has a relationship or not with CMGI? Doesn't CMGI have something to do with General Search? Just a thought. goldmansachs.com As to the restructuring of the shares, it looks like the first step to making the sum of the parts greater than the whole. I?ll try to sort that out in a later post. Meanwhile I?m quite pleased with these developments. Rich