To: ztect who wrote (25057 ) 4/11/1999 1:53:00 AM From: Osaka Joe Read Replies (3) | Respond to of 44908
Ztect Konbanwa! Just want to let you know that I have been long TSIG since it was at .19, started buying more at .58 after the Babe Ruth deal was announced, and have been buying all the way down. Average price is .44. So, I sincerely hope you are right. Some doubts always linger. For one, why would the rate of use of the music card be more than coupons? From what Sam and others have said, people buy from little leaguers to help the kids, they don't care about the chocolate bars or whatever. I would like to see at least some estimates, from an informed source, of how the cards are being used on the web site. After all, if the cards don't get used, there can be no reloads, and the win-win scenario loses some of its luster. Personally, if I had received a music card when I went to see the Mets last summer, instead of a nice sports bag, I would have thrown it away. Unless it had a picture of Nomo or Yoshii of course, in which case I could have brought it back to Japan and traded it for a Cecil Fielder! >>Amazon cannot afford to give away percentages of sales because they make little to no profit from the sale already due to their high costs of advertising. Ah, but as with TSIG, THESE sales would not be brought in by advertising, but by Burger King or the N.Y.Rangers, or whoever. These would be ADDITIONAL sales, and just like TSIG, Amazon COULD afford lower margins on card sales. Amazon not making any profits is irrelevant, anyway. They seem to have no fear of losing money. But again, I hope TSIG never has any competition. I ought to be able to figure SOME way of dealing with being filthy rich! >>Regarding Amazon giving coupons away. Coupons cost money. Unlike a card they don't generate money. Coupons aren't redeemed typically. Plus Amazon doesn't MAKE money and can't afford to discount further, because they are spending too much on advertising in media Yes, Amazon wouldn't make money. They have never been worried about making money, why would they start once TSIG grows up? Would they say, "Hey, we've been willing to take a loss all this time, but now TSIG is here, maybe we should hold back, let them take market share from us, give up on the philosophy we have been following so consistently..." I doubt it. Whatever, Z, I doubt it will be Amazon anyway, but someone will find a way to compete with TSIG if money is to be made. Now IF somehow TSIG executes flawlessly from here on out, they might develop a leadership position. That would be great. I guess I just don't like to count my chickens before I've sold my stock! Good luck to all, Joe