To: peacelover who wrote (23613 ) 4/3/1999 8:05:00 PM From: Michael E. Baldino Respond to of 44908
looks like the stock bottomed out and was heading back up towards the end of the trading day....sorry but 1.4 million shares does not represent a major sell off....more like mostly "sells" for the day that would tank any stock. most of us have been comparing TSIG to AMZN.....good so lets continue with this relationship... AMZN = 161.10 million authorized / 62.8 mil float Sales 610 mil ...the take after taxes -124 mill (note "-") Book value= .87 (LOL) Price/book ratio: 197.66 (ROTFLMAO) 1.0 = you get what you pay for less than 1.0 = you are geting a bargain more than 1.0 = you are over paying well folks what this tells me is that AMZN is an overvalued white elephant..on top of that they want to increase the authorized to 1.5 billion shares....whew..can you say dilution?? well I do not doubt that TSIG will make money with the management team and business plan they have in place and even if the float were to increase to a level around 150 million, I would not see this as a reason for the stock NOT to do well....AMZN has a market cap of around 27 billion!!! with a revenues in the 100 - 250 mil range, in the future, and no doubt possible, a market cap of 1 billion for tsig would not be unrealistic this of course even at 150,000,000 shares would bring a share price of 6.00 plus......whats the fuss here folks???? lets say the number of shares increase to 300 million just for sh*ts and giggles...still lokking at a 3.00 plus stock price....if purchased at .50 or less would represent over 600% return...hello??? anyone home??? now this does not account for spikes or unusual buying pressure. KEEP IN MIND....AMZN is overvalued 197x .... and is losing money according to the stats.....IMAGINE this TSIG making money and being overvalued by just 5x this would see a share price of 15 - 30 dollars......well you folks argue all you want...I am paying attention to the news releases since JAN 1 1999 and not some hokey filing that covers the companys PAST....key word here PAST!!!! Invest in TSIG based on the FUTURE!!!! not 3 weeks from now.... why sell on what happened in 1998???? things change. there are over three companies that were near death and in bankrupcy and I saw the stock price at or around .50 a share ....If i recall ames dept stores recently was over 30.00 a share.....heck for a 5,000.00 investment a few years back 10,000 shares = 300,000.00 today not bad for 5 or 6 years. PAST PERFORMACE DOES NOT GAURANTEE FUTURE RESULTS!!! this can apply both ways!!! my best to all!!!!! (yup the bashers too!! if people are stupid enough to sell ...OR....sell becuse of what someone else says, let them go!!!) Michael :)