To: Suzanne Newsome who wrote (27166 ) 5/2/1999 4:05:00 PM From: Andrew H Read Replies (1) | Respond to of 44908
Suzanne, I don't think Hwang is doing anything a few other companies aren't. However, given his past reputation and his present contacts, I have little doubt he will do it better and more successfully. Everyone had better get used to the fact that TSIG is going to be a longer term invesment than many on this thread thought it would be, including myself. In hindsight, I would not have bought back in December had I know the stock price would be where it is today. I would have waited until today and then bought. Unfortunately we don't have the benefit of hindsight. A lot of people recognized the potential in this company quite early. There was a lot of excitement on the thread. Some got carried away by unrealistic expectations in the short term and a number of folks got caught up in those expectations and were disappointed. Then we got some bad news about the shares OS and the 10K. Taking all this into consideration, it still appears to me that TSIG has one hell of a lot more going for it than it did just 6 months ago. IMO, about 5 or 6 times as much. And it is a far better and more secure investment now than it was then. We have paid for this with a good bit of dilution but nothing is free in the world of business. We have probably got the best management team of any OTCBB stock, bar none. Those who are not willing to give TSIG another 6 months to see if all its efforts and deals will come to fruition, would be wise to sell on the next price spike, IMO. I think those who are willing to wait will be rewarded. The way I see it, most, if not all, of the bad news is out, unless the company fails completely which seems unlikely to me. Downside risk appears to be fairly minimal from these levels, while upside potential appears excellent. Given the past financials of the company, there is a real possibility it could fail, small but real. However, Hwang, Wine, Guild and other highly competent management don't seem to think so. Neither does GE capital. I tend to trust their judgment. This is a .30 company, folks. The risk is there and that is why the potential rewards are so large.