To: Susie924 who wrote (18572 ) 3/2/1999 10:50:00 PM From: slaffe Read Replies (1) | Respond to of 44908
Well put Susie I also wonder, everyday as a matter of fact, why anybody would sell tsig at all. I guess each individual investor has his or her own individual decisions to make. Indeed there could be a lot of reasons for selling, afterall it was just a few short weeks ago tsig was at .32, now at .50, that's a pretty healthy profit for just a few weeks. And I must admit, imo, Jane has a point, tsig is boring, at least price wise. With all of the great news we have had and the price just creeps up without the wild spikes that so many otc penny players yearn for. To me though, that's ok, slow and steady, albeit boring. Hence I must agree with I keep telling myself that I'm not going to look at the price every day, but I still do. I know it will go up, it's just a matter of time. Now then, how much time before we achieve our dreams? Has I have said many times here before imho it will take the reporting of the 10q's showing substantial revenue growth before the price explodes to the upside. While the fully reporting status of tsig is one of the things that make me bullish on tsig, they also have the effect of scaring off numerous investors as ditchdigger is so quick to point out. The humorous thing though is the number of otc bb penny stocks that run that are not fully reporting. I have always wondered how people could make a substantial investment in a non reporting company. Most stocks react in anticipation of things to come. In tsig case, it does not. Hence my belief that it will take hard numbers before tsig really flies. Anyway, these 10q's are due out shortly. The year end 10q should be out at the end of this month. I really don't expect anything earthshaking, some good solid improvement yes, but doubt if we will see any big revenues etc. Shortly after that (two weeks) we will see the first quarter 10q. It is in this 10q that I expect to see substantial improvement in revenues etc. What a one two punch that will be! Now how much do you think tsig should fly too? If tsig reacts in anticipation rather than the hard numbers, consider this. TSIG, currently has approximately 300 million in revenues booked for this year. 10-50 mil for the babe ruth deal, 40 mil for the signature deal, 200 mil for the lifetime learning deal. If tsig is given a valuation based on revenue ratios, and is given a valuation of only three times sale then 900 mil (300 mil times 3) divided into 57 million outstanding shares gives tsig a price of 15.79. Is there anybody here that would be unhappy with $15 by the third week in april? Btw, current mrk cap 98 revs o/s price to sales ratio cdnw 283.2 56.4m 17.7m 3.19 ntki 179.2 44.7m 14.2m 3.15 amzn 19.2b 610.0m 158m 3.86 Anyway you try to evaluate tsig you get one answer in common. A lot more than it is now and it only goes to prove how undervalued it is currently. Yes waiting is boring, so it is my belief that the best thing I could do is to turn off the computer and check back in mid april to see how rich I have become. How I wish I had the ability to do that. Steve