To: The Swordsman who wrote (25009 ) 4/10/1999 10:48:00 PM From: Osaka Joe Read Replies (2) | Respond to of 44908
Hi Sword, >>Sorry Joe, but good news for TSIG. Don't be sorry for me, I am waaaaaaay long TSIG. But unlike REW, who has sold many stocks only to see them take off, I have sold so many stocks only to see them plummet. Every stock (not necessarily every company, see RAIN for example) has had its own unique way of failing. Each and every time, the "problem" was unexpected by the investors on SI. I, for one, appreciate the posts of the "bashers". I never miss a post by Ditchdigger since he proved to be right about the floorless debentures. I have yet to see a good thread on SI that did not embrace those with different opinions. That, after all, is what makes our country better than certain others! If my past experience with stocks means anything (and it may mean nothing in this case), TSIG will have a huge run-up one day, only to fall back when they disappoint in some as yet unknown fashion. I now own enough shares, bought at .19 and .58 and everywhere in between, so that IF TSIG hits 3 bucks, I can sell HALF and retire. I am not willing to count on any company beating the odds and becoming a gorilla, but if TSIG surprises me, I will still have half my shares and become filthy rich. But being filthy rich is not one of my goals in life, so I don't worry about that scenario. Only thing that can get in my way is if the stock never gets recognized by the Street. Amazon is only one potential competitor. With the internet, there are a potentially infinite number of rivals. Doesn't matter to me in the long run, I'm just hoping to sell half my shares at 3. >>Amazon and CDNow cannot follow in TSIG's footsteps. Very easy explanation. >>All these other first generation E-Commerce models have an Achilles Heel. It weighs around their necks like a 400 pound anchor in 100 fathom water. Two words as a closing hint to my statement. >>Profits & Price. They aren't making any now and they cannot lower them anymore. I agree with everything but the last sentence. I have no love for Amazon, I expect them to fail IN THE LONG RUN, but I do know some people who are very loyal customers. Amazon's approach is working in the short term, so if anything, I think they will be encouraged to spend more and possibly slash prices, in order to continue with what THEY see as success. (BTW, Amazon's cds right now are not that much more expensive than TSIG. They won't have to take that much more of a loss to match or beat us.) >>Should be a great week. Every week since the Babe Ruth deal was announced should have been a great week. I am patient and can wait, but I still worry that the eventual "surprise" that kills this stock permanently might arrive while I'm so busy being patient. Anyway good luck to all. We may need it. Joe