To: Sam LBI nj who wrote (8783 ) 10/28/1998 11:43:00 AM From: Martin E. Frankel Read Replies (2) | Respond to of 44908
Hi Sam, I both agree and disagree with you. NMF is a huge very well respected national foundation with some very reputable "big" names involved. It is highly unlikely, IMO, that they would have a MusicCard with their name on it... which goes directly to our site... if they were not convinced first of the stability of the company issuing it, ie: TSIG. This is not a one-time datebook/calender type of giveaway. TSIG, again IMO, offers the best overall deal in the marketplace and having the stature of NMF offers us credibility... besides the free advertising to the membership who are obviously music people. I agree we won't make money on the first free cards (although the printing cost is negligible), but there will be orders and more importantly "reloads" as people use the units on their "MusicCard". These reloads will give half the money to NMF (as a tax-deductible charitable contribution)... and half of it (about $5) we keep as pure profit. It is my understanding that most of the other deals being worked on are actual sales of the "Card" to other corporate users where the cash is paid up front, but I don't think we should forget the importance of the reload factor. That's why the CompactConnections division will, IMHO, be a "cash cow" for TSIG... and I believe the NMF deal is one great way to start if you're looking for credibility. Oh, and BTW, although everyone seems to be focusing on just the CCI website at this time... we do have other divisions and other irons in the fire that have nothing to do with selling CDs. It just takes time. I'm probably the "old man" of the thread and I'm not worried about the day to day stock price movements. Why are so many of the younger members (not all by any means) so concerned about every little "burp" from the baby? It's normal... and the baby grows up fine. But you're (not you, Sam) not going to make the baby grow and mature any faster just because you want it to. I just happen to believe that TSIG is getting some hormone shots and will grow much faster than anticipated. Just my opinion. Best always, Marty