SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?


To: Ted Pacitti who wrote (1343)11/21/1997 9:06:00 PM
From: angel  Read Replies (1) | Respond to of 3391
 
You said life is too short to find another stock. This got me thinking that maybe you are right. This will be my last post on this thread because I can't bring myself to invest in this company. Maybe they have pontencial but they also have a history of people promoting it that tell lies. If some of the great things they say will happen do happen then I will thing again but for now I don't like what I have been reading. Here are some examples.

A guy named Chris says "I have just read through the 8K filed in EDGAR for this "company". Several things jump out, it appears the insider buying was merely the initial purchase of shares in this new shell company. The company was bought through an outfit in Boca Raton, Fla which is notorious for penny stock scams. They also completed a 1 for 40 reverse split last summer under another name."
Then Shawn M says "The latest info. has it that they are to announce a MAJOR contract with a multi-billion dollar Co. This should move this stock well into the teens. I will post the name of the Co. the contract is with on CSGI's tread shortly. The other news is that the Co. will have a NASDAQ listing shortly and has had talks about mergers with others." A few days later he says "Peter, I shouldn't be doing this, but I guess I will. the CSGI contract I am talking about is not the one that was made with UNISYS. This contract is going to be CSC (Computer Science Corp.) If my information is correct this will make the UNISYS contract look like NOTHING. And if you remember the the stock moved up $10.00 in two weeks on the Unisys news. CSC had over 5 Billion in rev. last year they are one of the BIG BOYS."

I regret that I did not ask the other Ted to ask about what happened to the CSC contract if there ever was one. The NASDAQ listing I meant about was the one talked about a year ago not the one talked about now which is new. I also regreat not asking what they project as revenues for the upcoming quarters and years. But I guess maybe knowing what I know it probably would not have changed my mind because for all the things everyone said about them they are only now saying they are starting to do the things that Ted asked about.

I am starting to do more research on DDIM like I talked about earlier. But many people here have said things about ALYD so I have started looking at them because I never heard of them until people here. On the surface they look good because they have many big name clients and they are getting paid money to work. I also think they are more able to get bigger companies because they have many more people like Ted said about CSGI not being able to even get work in their own home state. It seems common sense to me that it will cost way less in salaries than 80 million dollars for getting enough people to have on hand for Arizona to hire them. That was a really stupid mistake in my opinion but my opinion is not that good on these things anyway so who knows.

I think maybe also that you can do all the research in the world and still lose money on the stock you pick or vice versa. So even though I think after all my research that I agree with all those other people here like SOROS that keep warning people to stay away fromt his company I still think you can make money on it if you are lucky like any other stock. It just bothers me that many different people keep warning that Shawn M is still on the SI using different names. I asked someone I know to compare some posts and they said they are 90% sure that someone still here is Shawn M. I dont want to say who because I could be wrong. If that is true I would be extra careful. But again if you want to make money it looks like maybe the stock has hit bottom. Again who knows. Thank you all for putting up with me.