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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (44138)	12/25/2000 8:12:17 PM
From: ztect	Respond to of 44908

tsig's September number "... that consisted primarily [ not exclusively ] of payroll, facility costs and office operating expenses..." was included in the 3 months for GS of 983,000 +/- Backing out the tsig month of Sept., gives a three month burn of approx. 519,000 for GS or an annual burn of approx. 2.8 mil. (520 * 4 quarters) If the 464,000 monthly were annualized times 12, that would project to a tsig burn of approx 5.6 mil with a total of $8.4 mil which is a little less then your $9.1 mil number. The $464,000 number per month of Sept. isn't broken down per the 10q and may or may not include consultant expenses as per the previous tsig 10q. If this number doesn't include such expenses then it is considerably higher than the preceding quarter per month breakdown for tsig excluding consulting fees which were per quick crunching closer to 250 thous per month or a burn of $3 mil annually generating an annual combined burn of closer to $5.8 for a $1.8 short fall optimistically projecting earnings from Affinity per numbers released in an earlier pre-audit and projected PR. Your calculation assumes the Sept tsig numbers stay constant despite in mergers typically redundant management costs are shed. Gordon is gone, did anyone else go with him? Your scenario also assumes the Sept number doesn't include one time costs. The report is so vague regarding these matters, plus what happened to the other two months of tsig's operation during the 3rd quarter? Without a breakdown of the fixed costs versus adjustable ones again we're playing pin the tail on the donkey with blind folds since so little is known about the basis of the Sept. number and whether or not it is indicative and could or should be taken a basis on which to project. But then again we're taking about a 50 cent OTC stock, where the uncertainty, risk and potential are inherent in the price and level of risk one decides to take or not to take. I'm not suggesting that either I'm right and you're wrong, or visa versa. I am stating that there are intrinsic fallacies per both of models our for extrapolations.... with each looking for indicators to support or reject each other's model....or as the old saying goes figures lie and liars figure. So not until there is less uncertainty suggesting either increased revenues (and/or reduced redundancies) to offset the burn or confirmation that revenues aren't being generated requiring additional capital, neither you nor I can foresee the future. Your gloom and doom prognostications do however ignore that tigi hasn't had to draw down any money from its agent, and hasn't been ostensibly seeking any other means of financing. Now, as an aside, what was interesting per the last 10q accounting for GS, consultant fees didn't seem as nebulous as had previously been the case for many preceding quarters for tsig. Like I've written before, I'd be very interested in knowing what threatened litigation resulted in substantial settlements for James Gordon and Basic Investments (650 thous post r/s shares). Upon further review, and in light of Rob Gordon's exit, it would be very interesting to look further at the share deals that accounted for high advisory fees of previous quarters, and as to whether all these options or shares were exercised and granted plus what was actually done by some of these consultants excluding the obvious legal, and accounting fees paid for with shares in lieu of cash. Interestingly though where options were granted with vesting over a period of a couple years, many of those options are essentially worthless, since many of those options are priced higher than the current market price. Anyway, we can agree to disagree, and will most certainly will on these issues like I said using whichever figures support your point of view. However, I still wonder if you even know what this company does, since you never really did appear (to me) to understand the marketing concepts or how the b-model has adapted to the quickly changing contours of the paths to profit as they pertain to any internet related entity "pure play" or otherwise. Please in a paragraph or two summarize TIGI's current b-model so we at least know that you know what you're relentlessly critical of with your gloom and doom- intent upon being self fulfilling- prophecies. Thanks in advance. z

To: Zeev Hed who wrote (44138)	12/26/2000 10:35:58 PM
From: REW	Respond to of 44908

"I was under the impression that the new forecast for Affinity's sales is only $25 MM(rather than the prior expected $30 MM..." From the PR dated 12-6-00: "Its sales for the year 2000 will exceed $25,000,000." From the PR dated 6-14-00 (6 months ago): "Affinity has targeted revenues of $30 million with profits of $6 million." I think Affinity did very well with targeting $30m and exceeding $25m. How many other companys missed their projections this year? The year isn't over yet and they are telling us they are near their target. Shall we see how close they actually come?

To: Zeev Hed who wrote (44138)	12/26/2000 11:09:45 PM
From: ztect	Read Replies (1) \| Respond to of 44908

Zeev....from the updated site tsig.com From the letter from the new CEO tsig.com "...One of the purposes of this letter is to communicate to you that the reorganization of TSIG.com is complete and that all the elements necessary to bring the company into a revenue generating, profitable entity are in place. Those elements consist of the replacement of the former management group with experienced leaders who are experts in their respective fields..." The bold face reiterates my point that in a merged situation redundant inefficient management is replaced, thus making the extraction of the tsig Sept. 2000 burn number more meaningless, since it was based partly on eliminated salaries , and therefore is something that can't realistically be used for any projections- that is "annualized". Guess we will all have to wait to see what the new filings will bring, and realize that the historical filings are just that history especially since the acquired company Affinity is/was a private one.... Please read through the entire revised site, so you , at least, have a better sense of what the company actually does before relentlessly criticizing it..