To: AJ Berger who wrote (6558 ) 9/24/1998 1:25:00 PM From: gambler Read Replies (1) | Respond to of 44908
Amazing how we all hoped this stock would be 1,000% higher than it is,just in time for the site launch. Yea, but you have to admit that when we talked about those prices we never foresaw the problems and delays that TSIG has encountered in this process. We expected an up and running web site in June(as crazy as that sounds now), a completed PP mid-July, impressive ad campaigns in July and some impressive Teleservices contracts in September. All of these events were or have been severely delayed. Most have not even happened yet. The only one that has a glimmer of hope of being on time is the last one "impressive Teleservices contracts in September." Less than a week left, who knows? The market tanking didn't help us out any either. There is no way you can blame this all on the market, but you have to think some folks saw opportunities (bargins) elsewhere and since TSIG was non-performing they sold to catch the next train. It is just a fact of life. Not many loyal BB holders out there. There is no doubt my price targets on TSIG have been lowered due to all these circumstances. I don't see how you can go without lowering your targets because the shares outstanding have nearly doubled since we started this thread. Logic would say to cut your per share valuation in half. We need to consider market cap, not just price per share. On the other hand if we have earnings per share, then we can slap a price per share on accurately. Life is alot easier with EARNINGS! Barring any market calamities, I think we are going to see a slow, steady rise into news. Just my humble opinion... Gambler