To: AJ Berger who wrote (1877 ) 7/11/1998 3:09:00 AM From: Martin E. Frankel Respond to of 44908
Hi A.J., The amount of competition in this field (only one aspect of TSIG's business, but obviously the one in the limelight right now) is, IMHO, a very positive thing. Competition occurs when the pie seems big... and everyone wants a piece of the pie. Look at the fast food chains, the car dealerships, supermarkets, etc., etc.. They all open near each other trying to take a little of the other's business. That is business... especially when there's potentially a big pie. So who gets the lions share? McDonalds, Burger King, Taco Bell, Wendy's, etc., etc., etc.? It's going to be shared, but the winner is going to be the one with the best service and best prices and all the other little frills known in the business world as "potlatch". People who order a CD expect to get it. "Potlatch" is giving them more than they expect... and, in my experience, it works every time. IMHO, that is why I believe TSIG will succeed and climb to the top. To that add all the other components of TSIG that are just starting to turn on their engines and I personally believe that a few years from now people will be talking about TSIG as the stock they could have bought for pennies. A long shot... sure. But so was McDonalds when nobody thought much about the future of fast food restaurants... and so there are a bunch of secretaries today who are multimillionaires only because they took stock instead of salary... because McDonalds didn't have the money to pay them a salary. And remember they started with one store. Now the Burger King people and others aren't doing too badly either. This is all just my opinion and logic, but the world keeps changing and the demands and desires of the public change with it. The computer world and electronics have changed many things. IMHO, TSIG is in at the beginning of a new era and, again, IMHO, with their new management and a dealmaker like Rob Gordon on board they will succeed. I just find it difficult to comprehend all these supposed "long-term" investors wanting instant gratification. Perhaps it's my old age, but long-term investments are those one holds for a few years at minimum. Assuming you bought Microsoft in 1986, I would presume you agree with me. BTW, Microsoft was a long shot flyer back then too... wasn't it? Best always, Marty