To: Tech Master who wrote (2581 ) 3/2/1998 11:24:00 PM From: tech Read Replies (2) | Respond to of 3391
>> Point to ONE real contract that isn't a pilot for CSGI.... can you?<< I don't know if he can, but I sure can. Sep. 29th LSI - 3,000,000 lines of code NOT A PILOT exchange2000.com Dec. 29th INSI - 1,400,000 lines of code NOT A PILOT exchange2000.com Jan. 13th IDP - 1,600,000 lines of code NOT A PILOT exchange2000.com Jan. 21st Chase/Telenor - 500,000 lines of code NOT A PILOT exchange2000.com *note Telenor has over 24,000,000 lines of code they need to make y2k compliant. the 500,000 lines of code they gave to CSGI is just the tip the iceberg. (IMO) The problem, in my opinion, is not the lack of contracts. With a burn rate of only approx. $4 million per year, CSGI doesn't have to do too much to show a profit. Even the 1 million line contracts add up. However, where the company FAILS and management FAILS is in investor relations department. CSGI's management has done a horrible job keeping their investors informed of what is going on with the company and has even done a worse job showing its potential to the investment community as a whole. I don't know how many times I have to keep repeating this, but this company has to meet up to what they promised at the annual meeting. If they can't even keep their own core investors interested, how are they going to attract the attention of the investment community ? They don't need PR (public relations), they need IR (Investor Relations) and I am not talking about a crap firm like IRA. Tom Dean and Michael Block have done NOTHING for Strategia, Agiss, or the other companies they represent. IRA is a JOKE. Every company they have represented has gone down the tubes. Just take a look at AGISS and Strategia. The damn company (Agiss) fires its President and they don't even announce it. That kind of blatant disregard for announcing MATERIAL information is pathetic. CSGI needs to start paying attention to what their investors are saying, or they should be prepared to lose them.