Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: BigAppleBoy who wrote (8452)	10/20/1998 1:05:00 PM
From: Martin E. Frankel	Read Replies (1) \| Respond to of 44908

TO ALL: I received a PM to post the below commentary from RB: ******************************************************************** EDIT: BTW, I can assure you with confidence that I am definitely not the only long-term holder in TSIG... there are more than many may think. ****************************************************************** << Bull_Bear, Please don't take this as a sarcastic or arrogant answer, but you did ask a question. Question: "Only one long on this one is Dr. Frankel. So, Dr. Frankel, what do U know that we don't?" Answer: (1) Forty years of successful investing experience. (2) Former principal stockholder and Chairman of the Board of a public company... so I know factually that things don't always happen according to the timeframes that everyone (including management) would like. (3) A willingness to do many, many hours of DD and whatever it takes to learn both the good and the bad about an investment I make and the people behind it. (4) Willing to ride through the bumps and take my short-term lumps. (5) Patience and more patience. (6) A real belief, based upon my DD (which anyone can do if they choose), that TSIG will, IMHO, become one of the major players in a few years time. As a point of information, this is the first penny stock I have ever purchased. But, IMO, it is only a penny stock in price only. For those who have done their DD, it is the most undervalued investment I personally have seen in many years. Yes... it is a gamble, but so is every stock you buy regardless of its' name, history or the exchange it trades on. A close friend bought $350,000. worth of IBM calls with a strike price at a little over $100. Unfortunately, that was just before it dropped to the low 40's. His options expired worthless. So I guess IBM is a gamble too. Yes, I am a long-term investor in TSIG and yes, you are right that there are many traders on these threads who will sell out for a few cents profit. That is their right and choice. I only hope they don't look back in a few years. Been there... done it... not happy about it. Best always, Marty (Voluntary Disclosure: Position- long; ST Rating- strong buy; LT Rating- strong buy) >> ******************************************************************** Bull_ Bear responded and below is my answer: << Good Morning, Bull_Bear, "If there is a market downturn, no equity will be spared. Especially the Pennies." To a certain extent I agree with you on this point. If I were a trader I would be more concerned about margin calls which would force me to sell something I really didn't want to... and margin calls could temporarily hurt many stocks. I prefer a cash cushion and the ability to make my own decisions and not be forced into them. IMO, however, there are the exceptions which I believe you may agree with: (1) In every bear market there are stocks that move in the opposite direction of the market because of extenuating circumstances, ie: new company starting to do substantial business, catches the attention of those "players" looking for a stock moving contrary to the market, etc.. (2) People are talking about inflated prices and exorbitant PE ratios. TSIG doesn't have a PE ratio... yet..., but few can deny the enormous potential of the Company. They appear to be moving "full steam ahead" and their bills and payroll are, I am told, all being paid. This is just a brief generic scenario of my thinking and point of view. There will always be stock market bulls and there will always be stock market bears... regardless of what the market is doing at the time. And then there are the people who invest in a Company, do their DD, and wait patiently for it to reach maturity. I personally put myself in the latter category. Best always, Marty >>