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

To: The Swordsman who wrote (14441)	1/10/1999 9:19:00 AM
From: ztect	Respond to of 44908

"Bulletin board's gold is now online" By Thom Calandra, CBS MarketWatch Last Update: 6:22 PM ET Jan 8, 1999 cbs.marketwatch.com SAN FRANCISCO (CBS.MW) -- It's a small, small world out there. Nasdaq's so-called bulletin board issues of scrappy little companies are making and losing Main Street investors a bundle these days. OTC-BB shares, a quotation service operated by the National Association of Securities Dealers, are getting the attention of Internet traders. Dozens of online companies that trade over-the-counter are notching enormous gains with press releases about freshly minted Web sites and electronic commerce strategies..... ....The instantaneous gains -- like a freight train -- are reminiscent of natural resource companies, many headquartered in Canada, that saw their bulletin board shares rise by thousands of percent in the late 1980s and early 1990s. First, some caveats -- especially on days when benchmark Internet stocks such as Broadcast.com (BCST), Amazon.com (AMZN) and Yahoo! (YHOO) are bursting at the seams. See our Net Report. Bulletin board companies are usually lightly traded.[TSIG trades high volume] Most of these companies don't report audited financial statements[TSIG does report] to the Securities & Exchange Commission on a regular basis. Transaction costs for buying and selling so-called penny stocks are expensive [Many discount brokers like Web Street allow unlimited share transactions] -- though not as pricey as they used to be. The spreads between bid and ask prices for the stocks is wide. Most of all, bulletin board stocks require patience. They can help investors who are willing to wait years for a hot streak. And they can massacre those who need to buy or sell at inopportune times. "Certainly, lack of liquidity can be a problem, especially for the short-term-minded investor, as wide spreads and low trading volume can make exiting difficult," says Richard Hefter, editor of www.MicroCap1000.com, a division of MicroCap Financial Services (MFSI), itself a bulletin board issue. "Investors with a longer-time horizon can benefit from getting in early before less-liquid stocks gain a following and start to trade up in price and volume, especially if these are companies that have the listing qualifications to get onto the Nasdaq (Stock Market)," says Hefter. Still, most Wall Street money managers and brokers are loath to even come near bulletin board issues. Risks and rewards are vast "We try to avoid the smallest stocks, and we really try not to get caught up in the hysteria," said Daniel E. King, a research analyst at LaSalle St. Securities in Chicago. King says his firm sidesteps even Nasdaq small-cap stocks, which have tougher disclosure requirements than the bulletin board issues. Investors who tolerate enormous risk say the potential profits of America's smallest publicly traded companies -- many with market capitalizations of $1 million to $2 million -- are too great to ignore....... ...."That is really where part of the expertise comes in, knowing how to trade them and how to accumulate them," says Krueger. "You have to use liquidity in your favor, and generally you don't want to be buying them when you have to buy them and selling them when you have to sell them... ....Krueger, Hefter and others warn investors to tread carefully. Many bulletin-board stocks are long on hype and short on substance. Bulletin board issues do not have to meet quantitative listing requirements, such as a minimum bid price, or qualitative standards, such as convening annual stockholder meetings...... ================================= Excerpts....emphasis and notes by ztect

To: The Swordsman who wrote (14441)	1/10/1999 9:22:00 AM
From: REW	Read Replies (1) \| Respond to of 44908

TSIG has, according to the observances of many of us, been being accumulated over the last couple of months. In our estimation this accumulation has shrunk the active float to a level that active trading can make TSIG respond quickly to the upside. The anticipated new site and announcements should be reason for initiating this rapid movement as the market place realises the earnings potential of TSIG. The stock value of TSIG has been held for now through this accumulation causing a continued tightening of the available shares. The longs have been adding regularly and new longs have been coming on board in droves as the potential is being realised. The "coiled spring" is the rapid movement expected as TSIG moves to its new values based upon the projection of its capabilities placed upon it by incoming investors. TSIG is way undervalued as we should see over the next few months.