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


To: Ted Pacitti who wrote (2999)5/14/1998 8:02:00 PM
From: TEDennis  Read Replies (1) | Respond to of 3391
 
Hey, Ted, ol' pal ... welcome back to the thread.

Just in time to set me up for #3000.

So, how's my buddy Rex the Wonder Dog? Still woofin' ???

TED



To: Ted Pacitti who wrote (2999)6/2/1998 3:25:00 PM
From: angel  Respond to of 3391
 
Good call Ted on CFON because you were right and it did go back to 7. I was too late there to be able to have a good short and I didn't have time to read what everyone there has been saying so I wasn't able to make any decision fast enough to try to make money on it. I am happy you were able to make money there shorting it.

I am very confused about many things now but at least things are back to being interesting and I think people can make money here again if they can guess right because CSGI will move now. Question is which way. My first question is on the Agiss announcement because I thought Michael Block said Agiss will be setting up factories using CSGI and now they sign another company which that company says is "exclusive" but now I read it is not. Whatever the answer is it just looks like another example of a CSGI alliance partner dumping them. Second question is about the three million $ private placement. If CSGI costs .50 per line to fix then it will take six million lines of code to pay back the investors. There are two choices here for the investors to be paid back either by CSGI doing all those code lines or by the investors selling their stock back to us at higher prices. With all the other people that filed to sell stock I think it will take a miracle for the stock price to go up for more than a quick moment. The unknown here is maybe CSGI told the private placement people about new contracts but then I don't see how you can go from 500,000 lines contracts to six million lines. What do you think?