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 : TouchStone S/W (TSSW)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bayclipper who wrote (3059)2/6/2000 11:45:00 AM
From: David Alan Cook  Read Replies (2) of 3627
 
Gordon, Thanks for all the info. The technicals look great IMO. This stock traded near $17 when it returned to profitability and showed increased revenue in Sept 95.
My Three Reasons for Buying TSSW:
1) Company has a strong balance sheet with little debt
( Significance: Has time to turn around )
2) Company's new products, merger with Unicore, CardWare Products and investment in e-commerce companies will increase revenue and earnings in the coming year.
( Significance: Revenues are UP 40% the last 3 qtrs - New products/License agreements/position in e-commerce companies will help increase revenue and EPS during the next 12 months )
3) Company sells at a steep discount to the Industry Avg Price Ratios - Price to Book & Price to Sales
( Significance - As the company's turnaround continues, I would expect to see the stock trade closer to the Industry Price to Book, Price to Sales, Price to Cash Flow and Price to Earnings )

I try to stay focused on the long term and am not comfortable predicting daily, weekly or monthly targets. I do agree that this stock is significantly undervalued.

DC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext