To: V$gas.Com who wrote (43974 ) 12/21/2000 4:06:19 AM From: ztect Read Replies (1) | Respond to of 44908 Just about every business has deals that don't materialize or go off as planned, especially small ones. There are thousands of examples of canceled contracts and lost or delayed work due to an whole slew of factors that are contingent upon all parties involved. You also have to look at the sectors you're in. Take for example a look at biotech companies that spend hundreds of millions to develop a drug that may never get FDA approval, or may be beaten to market by a competitor. Take a look at other service companies like mine, where a client of mine who I've done business with for over six years was bought out by a national operator who already had on board their own consultants. If I get bumped, I've potentially have lost 2 certain jobs worth over $80 thous in contracts as well as future work. I started the work, and told others I had the work. I may still may get the work, but if I don't did I "lie" to the people I told that I had these jobs? TIGI is in the service sector. It is primarily a marketing company. Its business is based on the schedules set and determined by Disney, Coc Cola, Lufthansa, Pennzoil and others. Those firms call the shots. The model from my perspective has been shifted to use the card and enticements to enhance the sales of corporations products as well as for etail, IT and dat mining and teleservices. For whatever reason deals with Disney, Lufthansa were delayed or maybe even canceled. To state tigi "lied" when things haven't transpired as hoped for, completely ignores the everyday realities of the business world. Companies like Boeing even announce deals that get canceled. Again I suggest you look at the high cash burn models of strict pure play internets in b2c's, b2b's and other INET sectors looking beyond inflated revenues and at accummulated debts, to access b-models that don't ever have the capacity or potential to find a path to profit. You read like you've never owned and operated a business. So here are some sage words from Vinod Khosla, the Co-founder Sun Microsystems & venture capitalist with Kleiner Perkins Caufield & Byers (KPCB has helped steer companies like Amazon, Excite, Juniper Networks, and Cerent), that will maybe help put things into a more proper perspective. . "...The notion that entrepreneurs have to spend a lot of time creating business plans has always seemed sill y to me, but now in most cases it's completely absurd. In the past, you might have been able to write a business plan that could last a year or two before you had to change it. Now you have to change course all the time- you have to adapt, not plan. The best you can do, I think, is have a sense of direction- an intuition about where the big opportunities are. Sure, I want to know that the management team and the entrepreneurs are capable of coming up with a strategy- but I now view that process as a discovery process, a way to hone ideas, rather than as a planning process...."