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Technology Stocks : TouchStone S/W (TSSW)

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To: robbie_nw who wrote (3228)3/29/2000 6:55:00 AM
From: David Alan Cook  Read Replies (1) of 3627
 
I have done my DD on this stock and am comfortable with my position. Time will tell if the CEO and VP ( Two largest holders of TSSW ) will be successful at turning this company around. TSSW's first two public investments are doing well given the company's cost basis in each. We have yet to see a favorable cost basis and a strong IPO opening . . . maybe the next IPO that is released -SupplyAccess.com or some other company. Regardless, the fact that TSSW has invested in each company at 25% of the IPO price provides them with significant Reward for taking the risk of investing in IPOs. I for one would love to be able to invest in IPOs at 25% of the offering price.
Best of Luck Rob S in your investments / trades in the future. Encourage all others to continue to do their DD on this stock and others and make the best investment decision for him or her.

DC
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