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: robbie_nw who wrote (3157)3/13/2000 7:11:00 AM
From: David Alan Cook  Read Replies (1) of 3627
 
ahhtto2,
TSSW's cost basis for EBLD is $1. It is already up 500%.
TSSW's cost basis for PRTS is $2.50. PRTS is expected to IPO between $11 and $13. TSSW's IPO position in SupplyAccess.com is $1.50. SupplyAccess is expected to IPO at $20.
Ref Valuation of 5 X. See Razo Report On TSSW - ( He initiated coverage with a strong buy rating )This is an average valuation that Razo uses - Range runs from 3 to 8 X. The Razo report uses 5 times - Some Incubator stocks trade at 8 X.
Ref Comparison to Mutual Funds - The major difference in my opinion is that Mutual Funds are not investing money in stocks before they IPO and thus are not receiving such a favorable cost basis. TSSW's announced 3 positions cost basis average is below 20% of the IPO price. That is the benefit these companies get for taking the risk to invest in early - mid and late stage IPOs.
I believe TSSW is undervalued and will trade at significantly higher prices. ( My target price is $7 for the year which I think TSSW will beat ) Regardless of the valuation model you use ( Razo's avg valuation for the Industry or Your valuation ), TSSW is way undervalued. Do you know what other investments TSSW has and what their current net working capital is?
I thought you were out of this stock - traders return?

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News