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Technology Stocks : TouchStone S/W (TSSW)

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To: robbie_nw who wrote (3191)3/23/2000 6:53:00 AM
From: David Alan Cook  Read Replies (1) of 3627
 
Ahhto2,
Company is selling its core business to invest in ecommerce companies. Even though PRTS did not open strong, TSSW still made more money on PRTS than they have in any one prior qtr.
TSSW has a 6 month holding period but has the capability to lock in gains by shorting their position if they desire. I do not anticipate the company doing so as I believe the stocks at the cost basis TSSW has will return much higher rates of earnings growth than the company's software business could.

DC
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