SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Technology Solutions (TSCC)
TSCC 0.00010000.0%Sep 17 12:28 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trenton A. Scott who wrote (20)6/27/1999 11:24:00 AM
From: Trenton A. Scott   of 34
 
The upcoming spin-off should experience a very good growth rate and earnings right from the start, since there are around 500 current ECM employees (destined for the spin-off) who are already billing high rates, so I expect a nice IPO price, possibly in the high teens or low twenties.

I don't know what the conversion percentage will be, but some percentage of TSC stock will convert into spin-off stock, so buying TSC stock R I G H T N O W at $8-to-$9 means you will be accumulating spin-off stock at half price or better!

As for the rest of TSC, although its ERP business has been relatively flat this year, I think growth will return after 2000 when demand picks up from companies that have delayed new ERP implementations until after 2000. Therefore, TSC's growth rate and stock price should recover next year, perhaps into the high teens as well!

Any way you look at it, an investment now should double within a year!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext