To: gary g who wrote (5002 ) 1/11/1999 12:18:00 PM From: BarbaraT Read Replies (2) | Respond to of 6931
Gary, I will pass on what I was told by Don regarding the Nasdaq deal and Intel. There never was a nasdaq deal per say, nasd was going to recommend us to their top 100 companies - but they expected the companies to pick up the cost. There was misunderstanding in that Intel wanted nasd to pay the costs - indefinitely. Nasd agreed to pay first 3 months, and Intel held firm. So the deal got lost. However, and this is the most important - we did not lose the deal to BCST. Broadcast.com is doing an internet service - our *potential* deal with them was for telephony service. So an entirely different deal. BCST is not a competitor in the normal sense of the word. Yes, they offer a similar service in one aspect, and one only - they offer Investor Relations over the net. We offer it over the phone (but I understand that we will be offering on the net at some time, if not already in the works) and we offer other services as well. I do not know the fundamentals of BCST - but I am sure there are major differences in the companies just internally, as well as externally. It is almost like comparing TSIS to YHOO - which also offers investor related services. They just do not compare. At least not a this stage, and I am sure not for a long time. My current quotes show the bid and ask to be .31 x .34 (with a high of .34). So at least it is over .30 - and I hope it stays there. One of my biggest concerns is that there is so much misunderstanding in the company's news. We never had Intel, so we did not lose it. And that's not to say that we still can't get them at some future date since our proposal to them was different than that of BCST. Right now I think the company is focusing on the prepaid calling cards since that brings in the largest revenue.