To: Brian Diggle who wrote (16445 ) 2/5/1999 4:23:00 AM From: slaffe Read Replies (1) | Respond to of 44908
Welcome aboard Brian I am quite certain that your investment in tsig will be rewarded in direct proportion to the length of time that you stay invested. While your investment philosophy is a popular one and could be argued to even being prudent, I must disagree with it. I have been invested in tsig for almost a year now and have watched this company go thru many growing pains situations. I first bought when when tsig announced the acquisition of cci, I was expecting a big pop and like you was planning on selling a portion of my holdings at certain price targets. To say I was disappointed then is to put it mildly and I considered selling out. Instead I started some serious DD. The more DD I did, the more I liked tsig and I started accumulating, have made 12 additional purchases since then. While tsig is not growing as fast as I would like (I want them to be the corporate giant overnight) they are growing very fast and very nicely if I look at the time frames realistically. One of the things that fueled my bullishness was listening to the cc on 8/5 (which is available on poisontasters site) and hearing RG speak of his desire for profits over establishing a footprint as our competitors are doing. Just today, I read the earnings report for cdnw. I am amazed, the more they sell, the more money they lose . Same as amzn. To me, the object of business is to make a profit . The nagging question that I have is, How much do you think tsig will be worth when they become the first CD reseller on the net to earn a profit ? I certainly have nice daydreams when I entertain that question <vbg>. And that day may come very quickly, while cdnw had sales of 20.9 mil last quarter, we have 2 deals currently in progress with estimated revenues of 30m to 70m , with the bulk of these revenues coming in this current quarter thru the babe ruth deal. While cdnw lost .73 per share in the 4q 98 vs tsig's lose of .02(3q 98) and I can not fathom tsig losing money in this quarter. In other words, buckle up buddy, this sucker is about ready to cut loose! Last Nov, when the potential was becoming clear to me, I decided to lose my shortsightedness and truly become a long term investor. That's when I wrote the following post. Hope you enjoy.Message 6416940 Best wishes Steve