To: JRSwails who wrote (29804 ) 6/1/1999 10:37:00 PM From: JRSwails Respond to of 44908
Great Post by the Realist on RB...Oh so true..... By: REALIST Reply To: NoneTuesday, 1 Jun 1999 at 7:06 PM EDT Post # of 10276 REACTION/RESPONSE;LET'S ALL GET WITH THE PROGRAM TO SUPPORT RATHER THAN TO UNDERMINE TSIG; Hasn'tthere been enough bashing? What earthly and honest purpose is served by further bashing by stockholders(?) here and on SI? Anyone cotinuing to bash now is either not a current shareholder,is an individual with a neurotic/vindictive bent, or a" hired gun" with a deliberate agenda intended to bring down either the share price(manipulation) and/or TSIG as a company(anger or competition).Any shareholder who bashes now is really shooting himself/herself in the foot. In any event, none of these people do anything other than to further thwart TSIG at this early stage of development. Why listen to these people at all? I am not at all surprised about Hwang leaving. His business model was more conventional than that for the music card and would have drained funds needed to implement the earlier, much more promising card business(at least in the short term). There just wasn't enough "pie" at this stage for such wide diversification. Now, at last, TSIG can focus on the model I initially bet on more than a year ago; but now the outlook is even more promising..........fabulous deals(many) and fabulous alliances(many) and many more in the pipeline........all at lower share prices.........what a bargain compared to this time last year!!!!!!! As for the PP having a member on the board,I don't blame them for wanting to have one of their own "minding the store", particularly in light of the childish and neurotic behavior(and/or machiavellian manipulation) recently on the web, reulting in unjustified depression of share price because of panic selling by "longs" who can' t stay the course. Do you really think the PP doesn't realize that fulfilling the destiny of TSIG will in the long run make them much more moey than the path of excessive dilution which may "tank" the company and their investment with it? Not to mention the fiduciary duties owed to shareholders by each member of the TSIG board! These days the SEC has stepped up enfocement, and violations can lead to fines, imprisonment (or life as a fugitive in Belize or some like non-US jurisdiction). I think the current buying opportunity will yield a new class of "longs" who will hang in there no matter what! When the panic selling stops, and the company carries through with the deals already in place(after all, TSIG still has the promise of being one of the first internet companies to actually have net earnings/share........imagine that for a moment),the seasoned investors will HOLD, shares will become less available and then............well, you can guess the rest. All IHMO, of course.---------- GIL who will hang in there no matter what! When the panic selling stops, and the company carries through with the deals already in place(after all, TSIG still has the promise of being one of the first internet companies to actually have net earnings/share........imagine that for a moment),the seasoned investors will HOLD, shares will become less available and then............well, you can guess the rest. All IHMO, of course.---------- GI