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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?

To: angel who wrote (2012)	1/6/1998 3:06:00 PM
From: tech	Read Replies (1) \| Respond to of 3391

NO NEED TO ASK TED, IT CLEARLY SHOWS YOU HOW MUCH THE DEBT IS. Of the estimated 2,898,986 shares of Common Stock offered hereby, an estimated 211,416 shares are being sold by the Company upon conversion of $1.0 million in convertible notes and 2,687,570 shares are being sold by the Selling Stockholders. The only proceeds to the Company upon conversion of the outstanding convertible notes will be the discharge of $1 million of long-term debt. ONLY $1 MILLION IN DEBT. WHY DID YOU LIE AND SAY THE COMPANY WAS SELLING "MILLIONS OF SHARES" TO PAY LONG TERM DEBT ? EVEN AT $4.00 PRICE IT WOULD ONLY BE 250,000 SHARES. IT IS BENEFICIAL TO THE COMPANY TO PAY LONG TERM DEBT IN STOCK RATHER THAN OUT OF THEIR CASH RESERVES.

To: angel who wrote (2012)	1/6/1998 3:12:00 PM
From: TEDennis	Read Replies (1) \| Respond to of 3391

angel: Sorry, I can't help decipher the "finance-speak" stuff. Never could. I do know, however, that an additional 3 million shares would cause the existing shares to have their value diluted. That's just simple mathematics. That's assuming (nasty word) that all other variables stay the same. Since I think that the Y2K sector is due to bust wide open, I don't think the other variables will remain constant. What this does is throw all kinds of uncertainty and doubt about what this stock will do in the near term, the mid-term, and the long term. Personally, I think that long term this stock, similar to several other Y2K stocks, is in deep trouble. Short term, I expect an announcement or two to make it spike up rapidly ... if they ever get any contracts, that is. I had lunch with Ron Bishop who stated several times that he wished he could tell me about some of the things going on, but couldn't because of insider trading rules. Now, that can be interpreted 2 ways. 1) CSGI is sitting on the verge of signing several major contracts, or 2) CSGI is about ready to go under. Since I was there to review the product set and its capabilities, and Ron knew that I would report back to the thread, I'm fairly certain that he wanted me to take his mumbling as 1) ... which means "look out above". How all these interrelated factors converge, overlap, and play off each other is a truly fascinating study to me. For now, I'm holding onto my shares that have been cost averaged to 7'ish. I'd buy more, expecting the stock to take a quick uptick sometime in January ... but there are other more predictable and reliable Y2K stocks where I have my funds gambled. I consider CSGI to be a pure gamble. If I lose it all, I'll just move on. If I win a bunch, I'll pat myself on the back for being such a brilliant fellow. Regards, TED