To: Paullie who wrote (28683 ) 5/21/1999 8:20:00 PM From: ztect Read Replies (1) | Respond to of 44908
Paulie.... Don't construe your post as negative at all. If you believe you have other opportunities where you can achieve greater gains based on more timely information and developments, then cut your losses, invest in those companies, participate on those threads with "dd" or whatever rather than whine and moan about this company. I too had invested initially in TSIG anticipating that they'd be able to get greater returns faster from deals already consummated. I also believed too many of the rumors about pending deals. My source for information was not this thread. However, TSIG expanded their goals and this in turn required additional financing at terms that wouldn't require Gordon to relinquish governing control of the company. If this company was a private company funded by VC capital, the vc's would have a controlling interest and the company would have been brought to market via an IPO after its developmental stages. The VC's also would have a controlling number of shares in fewer hands. Because of the expansion of goals with the addition of Hwang and his division, the time frame for perceivable returns has lengthened. Rumors have not materialized. Plus the significance of deals already in place won't be understood until publicized and revenues are realized. Now there have been many releases issued. These releases have had little and one could say adverse consequence on the short term stock price because in reality the news has been "non-news" released to a limited audience. For example, the "earnings" per the 10q were from a one time "disposition". The revenues were up from the prior year's same quarter. Yet these revenues were from completely different sources (and business plans for that matter). Thus the revenues were just starting to "ramp-up". Could these revenues been greater? Yes. First, if CCI delivered as was the initial promise of this acquisition, TSIG would have acquired a distributorship with revenues in place. However, we all know this didn't occur. Second, if the BR deal went off without a hitch, and the BR League had a centralized system for distribution of information, then revenues in this past quarter also could have been greater. Third, if attention was focused on one or two deals rather than many, the short term concentration of focus could have meant greater short term returns ...though possibly at the expense of greater long term growth. Now are these growth pains or poor execution? Guess that depends on your agenda. All the arm chair CEO's on these threads have only short term capital gains in mind. Companies aren't built in a week, a month, three months, 6 months, or even a year. Many here, including myself when they initially invested, believed Tsig was further along with their b-plan when we invested. We hadn't expected an expansion of this b-plan and the subsequent slow down on perceivable returns. The "investment" time line lengthen because of these changes. With day trading, online investing, Internet stocks with high volalitlity, and the whole "mob" buying phenoma created by message boards and other Internet access, "investing" has been reduced to shifting capital around for the greatest immediate return with an "investment" time frame of everything from 5 minutes to five weeks. I personally have done well with this shifting strategy on some stocks. I have also shifted out of some positions prematurely prior to large increases in stocks I liked .. There once was a time when I held stocks for three to five YEARS. ... Now if one sells TSIG now, and tries to make money NOW where they feel they can get greater returns (or at least make back their losses) then fine....go ahead. Do so ...and stop moaning and whining here. These people may or may not have plenty of time to get back in TSIG at "reasonable" prices. If they continue to monitor the stock and the stock's news, they may want to look at the following indicators or for the following type of news... 1). Significant increase of revenues from 1st to second quarter from sales of cd's, cards from existing deals and the Signature deal as reflected in hard numbers on a balance sheet in the next 10 q. This will not be reflected until the next 10q is released....Plenty of time. 2). Deal from Hwang division whereas Hwang becomes the outsource for development of web sites of a "big name" third party. By big name, that is a recognizable Internet company. 3). Card deal with a "name" company like a Ronald McDonald House, et cetera that will be publicized by G/H.. 4). Third party (newspaper coverage/media coverage) of card deals mentioning TSIG orchestrated by G/H that demonstrates the "charitable" aspects of TSIG.com profit sharing while making the people, in general, aware of TSIG.com ie. raising TSIG.com's profile. 5). News of a recognizable investment group or company that takes a financial interest in the company. Sorry, news releases to date are not going to generate investor interest. Like who the f@ck is Riseholm investments? News to date with an hyperlink from Nettaxi, the LifeTime Learning, the BR deals, and the miscellaneous deals with the US Volleyball league will not be the type of news that is significant until these agreements reflect revenues.... Again, all news isn't reacted to equally or equally significant Again for example, if the Nettaxi deal was an exclusive with AOL, the impact of that news would have been greater. Now the above news may never materialize, the b-plan never executed and the price of the stock never rise. Don't have a crystal ball. Though if this is what Hwang, Guild, or others felt...why the f#ck would they relinquish their prior positions? Guess that's the big question. If people feel that 3 months , 6 months, or even a year is too long, then just divest....check back to see if the company continues to development and don't worry about missing any move .... No point again in moaning and whining...as some featherless birds are wont to do. z (spelling not checked).