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

To: Paullie who wrote (17768)	2/23/1999 11:27:00 PM
From: David A. Irvine	Read Replies (1) \| Respond to of 44908

Paullie, I will try to answer your questions as best I can. <<< 1) where can I learn how to read an SEC filing quickly and get the right information from it. I cannot seem to make heads or tails of these documents!! >>> Unfortunately, I don't know of a service that summarizes SEC documents. You might try and click on the "SEC" link through Yahoo Finance. The "SEC" link usually is a summary of only the last annual or quarterly report. Here is the link for TSIG's: sec.yahoo.com Personally, I would suggest reading the ENTIRE SEC reports, since there is a lot more information than what is presented in a summary document. After you read a few reports, you will see that there is a lot of extra "boilerplate" information that is repetitive, but it is needed to satisfy SEC filing requirements. With some practice and after reading a book on how to interpret financial statements, you will soon be an old pro. <<< 2) Does someone have a summary of the following reports? Feb 16 1999 8-K/A: Amended Report of Unscheduled Material Events Jan 21 1999 144: Intent to Sell Restricted Stock >>> Summary of the February 16, 1999, form 8-K/A: Message 7870036 (sorry about the poor formatting) I assuming you are talking about the January 21, 1999, Form 144 filed by James Gordon. (There was a Form 144 filed by Ann Wolf on the same day for only 6,667 shares.) Anyway, the Jan 21 form is for James Gordon (the brother of Robert Gordon, the Chairman of TSIG) to sell 225,000 shares. It should be noted that on January 2, 1998, James Gordon also filed to sell 225,000 shares. The filing of the same number of shares at approximately the same time (i.e., early January) leads me to believe that J. Gordon is not "dumping" his shares, but is selling for some other reason. For example, he may use the proceeds to pay his tax bill, or he merely may be diversifying his portfolio on an annual basis. I do not know -- I am only guessing. I hope this helps. Let me know if you have any other questions. -Dave