To: BigAppleBoy who wrote (8233 ) 10/16/1998 12:24:00 AM From: Martin E. Frankel Respond to of 44908
I hope none of you will be disappointed, but don't expect any news tomorrow... it's Friday. Those of you who have been in the market long enough know that very few companies put out PRs on a Friday... they tend to get lost in the shuffle of the weekend. I would tend to expect the first of the PRs to come out mid-week... just my opinion and I could be completely wrong. Just remember that management and the SEC determine the timing of announcements. Management determines when it is most advantageous for increasing shareholder value and the SEC makes it really simple... any material news, good or bad, must be announced within 48 hours. IMO, the action of the stock today was quite positive. Again, IMHO, somethings are obviously starting to happen... in the right direction. But knowing the posts of certain members of this thread I expect to see the infantile bashing start as soon as a PR is perhaps not announced on their command. And the rumors will continue to fly, but everyone will just have to wait and be patient or move on. I, for one, along with many, many other longs who have and continue to do their DD will be here. Many of us own and/or control substantial amounts of TSIG stock... substantial being relative to each individual and all of us are important regardless of the number of shares owned. So let's just keep looking at the "big picture" and stop worrying about the day to day ticks. For most of us with substantial positions in TSIG it is the long-term that counts... and that means more than weeks or months. During my 40+ years of investing (not trading), my biggest winners have come from those stocks which I didn't watch every day, but just put away. IMO, TSIG is one of these winners that those that can afford the risk inherent in any turnaround/startup will be very happy with years from now. News will start flowing, IMO, very shortly... but will some of you please stop holding your breath and having anxiety attacks. Let the Company and management do its thing. Best always, Marty