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Technology Stocks : Thrustmaster (NASDAQ:TMSR)

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To: B.Positive who wrote (2369)	9/7/1999 2:59:00 PM
From: Pete Mason	of 2443

>> Where do you get your info? My info on 9/1/99-press 14A filing shows Frank has 256,835 shares. << Well, as I rely on company material, I may very well be wrong, but their just-filed proxy stated that Frank has beneficial ownership of a total of 190,000 shares, which includes 190,000 options, leaving him with zip. As for the rest of your facts, well let's just say I'm not impressed and leave it at that. But here's one FACT for you: TMSR's been working on their Internet strategy for over a year now, and has been shipping their products for over half a year, yet they have just 700K in revenue to show for it. The only way they stay in business is by selling either shares or parts of the company. Clearly this can't go on forever. -- Pete

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