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Technology Stocks : Technology Solutions Company (TSCC) Upcoming Spin-Off
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To: baddtiming who wrote (30)2/17/2000 7:27:00 PM
From: Trenton A. Scott  Read Replies (2) of 38
 
It was a pretty easy split-up, since TSC does mostly ERP package installations (like PeopleSoft and SAP) and eLoyalty does customer-specific systems (like Vantive) and customized call center implementations. The transition period for each organization was pretty long (approx. nine months), so the split was planned fairly well. As far as stock price valuations, existing business retention doesn't matter nearly as much as future growth prospects. TSC's stock price has ranged from around $6 to $20 over the past two years, dropping early last year due to slower growth/revenue. I think business should pick up this year for TSC; eLoyalty has a lot of business right now too.
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