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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: Patricia Trinchero who wrote (28014)5/12/1999 6:20:00 PM
From: Tom  Read Replies (1) | Respond to of 44908
 
Hey gang: Thought I'd dig through some old (November of 98) Starnet SI postings to get some perspective on what is going on at this point with the share price of TSIG. While I understand that SNMMs float is way less, and they were at different points in their earnings development, check out the below comments, which were made when the stock was at 39 cents.

Here goes...enjoy:

"I dunno if ANY news release is going to make this stock move. IMHO the investment community is gonna ignore everything except the numbers. Which is too bad...SNMM has been pretty good about only announcing things they've accomplished. And the news has always sounded pretty impressive.

This stock is getting a little scary. The market is going up every day and SNMM goes lower every day. Not something I want to see. Anybody have any idea what is going on here??

It truly is amazing that a company such as SNMM, which has positive earnings and a high growth rate, can be valued at .39, whereas a company such as Amazon, which will not have positive earnings in my lifetime, is currently trading for $130. It's all a matter of perception in the market. Amazon is seen as the king of the Internet and nobody knows anything about SNMM. They need their PR firm to step up to the plate and start working.

My guess is that since we have had this big runup in the markets in the last few weeks (in which SNMM did not participate), people are scared that there is something wrong with this stock and they are dumping it for what they feel are better companies. (maybe like Amazon, Yahoo or EBay. LOL)

Maybe just the case of "herd mentality": everyone else is selling so things must be wrong so I'll sell too..."

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Starnet closed today at 9.19, with a p/e ratio of 184...