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Technology Stocks : TouchStone S/W (TSSW)

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To: jonj1 who wrote (3318)8/13/2000 4:33:49 PM
From: David Alan Cook  Read Replies (1) of 3627
 
jonj1,
The only public equity investment that TSSW has is PRTS which is up slightly over 100%. The company does have some warrants in NCLS and EBLD which were equity kickers for making short term bridge financing at favorable interest rates. The company also has shares in several other private companies which have yet to launch an IPO. I believe supplyaccess is one of the next company to launch an IPO.
As for me, I am going to hold my position. I have not seen the details of the earnings. My understanding is that the company revised their loss to .12 versus .14. I am not sure how much was cash versus noncash amortization. The company will report a gain from the sale of its utility business. Waiting to see if they will also receive some equity as part of the deal.
Stock selling below book value and no insider sales that I am aware of. Last report had insider ownership at 40%.

DC
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