To: Ratatouille1962 who wrote (24179 ) 4/5/1999 6:05:00 PM From: Bald Eagle Read Replies (1) | Respond to of 44908
I'm still long on TSIG, but I'm not sure of the reason for creating a list like this. Can someone give me a good one? I'll be holding for about six more months or maybe until the third quarter report comes out, which will probably be closer to eight months. I saw some things in the 10K that I like, but there are also some things that perturb me. This is my only penny stock, so is also my biggest gamble in my portfolio ( it was 10% of my holdings, but is now considerably less than that ). Personally, I think the biggest potential money maker is Hwang's new division. There must be lots of companies out there who need web sites set up with the background software to receive and process orders. In fact, I'm sure it would be very interesting for me to work in that division since my background includes UNIX and Oracle ( they must be using some kind of relational database ) administration and programming and also some HTML and Java programming. I'd send Hwang my resume, but my wife doesn't like the idea of living in Silicon Valley. Also, I didn't see any posts that mentioned that it appeared that TSIG got more money for getting rid of CCI than they paid for it. If I read the 10K wrong, someone please correct me. I don't have the 10K with me, so I'm relying on memory here. There was also an item that showed TSIG had already booked 300+ thousand dollars for the first quarter of 1999. They paid off some of the PP obligation in 1998 as well. Given those positives, I am concerned by what seems to be excessive compensation for Rob Gordon, since TSIG has not turned a profit yet and also that they still have IRS problems.