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

To: cicak who wrote (9796)	11/14/1998 8:55:00 PM
From: ztect	Read Replies (3) \| Respond to of 44908

Phil: Just posted the report. Didn't give an opinion. TSIG is obviously a turnaround situation. Based on the excerpts below, TSIG appears to be aggressively reducing it losses by reducing its expenses. With all the banter on this thread, I was just surprised that the "good" news wasn't discussed on the thread. Operating expenses for the same period decreased from $3,801,009 to $1,127,366, a 70% decrease. For the period, the Company sustained a net loss of $877,571, compared to a net loss of $2,836,702 for the same period last year, a decrease of 69%...Excluding ... adjustments, the loss from operations for the period would have been $2,103,571, a decrease of 26% from the same period last year. The company is not only reducing its losses, but it is taking the necessary steps to restructure its business to become profitable in the future by redefining its focus and bringing in new management. In response to the continuation of the operating losses from the travel-related teleservice operations, the Company initiated aggressive restructuring during the reporting period. The members of the prior senior management departed from the Company in the second quarter. The Company has brought in a new management team and is making fundamental changes to its strategic focus. A new president was hired in August along with new operational and financial management Due to the difficulty to operate profitably in a commission-based travel environment, the Company is targeting its sales and marketing efforts toward traditional outsourced teleservices In addition to seeking new revenue sources for the Company, there has been a substantial reduction in general and administrative expenses. The Internet site and the call center are currently operational. However, no revenues for CCI were recorded in the reporting period. The quarterly report didn't even take into account TSIG's newest business acquisition and enterprise, which uses its teleservice operation and expertise to give it an advantage over its online competitors. So even though the report, in places, is brutally honest, the report does demonstrate that TSIG is succeeding in its efforts to turn itself around. These demonstrated efforts as displayed in the report most likely are the reason for the large move up on Friday after weeks of trending downward. If TSIG can sustain these efforts (reduce overhead while restructuring business) plus concurrently benefit from Internet hype, TSIG's stock can go up significantly IMO- especially because of its advantages over other Internet CD retailers. These advantages being the aforementioned telephone support and the much discussed "card". z

To: cicak who wrote (9796)	11/14/1998 11:00:00 PM
From: MakeMoney	Read Replies (1) \| Respond to of 44908

To "Phillip Longacre". my friend. regarding your post #9796 - you said "it" exactly right!! PROFESSIONAL stock market investors (fund managers-brokers-professional individuals) do NOT invest in a company (any company) because of where the company presently "IS" - they invest in the company because of where they believe (know) the company WILL (in the "near" future) "BE"!! this is precisely what is causing the present rise in the stock price of "TSIG". of course, there is more risk to investing in a company that has not really "proven" itself yet (the risk of the "unknown"), but there is also a tremendous amount of POTENTIAL for a LOT MORE GAIN (profit) by investing in such a company now!! if someone wants to simply wait on the "sidelines" until "TSIG" has actually become a "real" (profitable) company - FINE!! - that is, of course, their right to do so. however, by the time such people finally do decide to "take-the-plunge" and invest in "TSIG" the stock price will most certainly be a lot - LOT - higher then it presently is. how much higher? no one (1) really knows - but a "fair" guess would probably be at least two (2) to three (3) DOLLARS ($2.00 - $3.00) per share!! (IOW) the "smart" money is investing NOW while the stock price is so (IMO) absolutely ridiculously low!! take care, my friend. God bless.