TSSW - 5 year chart, MACD and OBV looks good, new product launch, increased revenues, outlook
bigcharts.marketwatch.com
Introduction of new driver update service will result in much higher revenue in the first and subsequent quarters. See Alexa traffic link for increase in hits: (Note Big increase in traffic rank, reach from Jan to March as compared to its first few weeks)
alexa.com
Small float - large insider ownership
Ref: Revenue growth opportunities - See Annual Report:
"During the past several years, the Company has grown into a full-service engineering company supplying not only BIOS software upgrades, but also PC diagnostics software. As the evolution of software and hardware has become more complex, the need for compatibility has increased in importance. The Company, through its wholly owned subsidiary, eSupport.com, Inc., believes that its experience and customer focus allow it to quickly identify solutions and market products compatible with the array of operating systems, application programs, utilities and hardware products available. The Company also believes that the addition of the Driver Agent service will continue to increase revenue as the Company explores different means of marketing and distribution of this valuable product."
From first press release announcing DriverAgent new product/service:
"Driver Agent is TouchStone's most exciting product launch in recent history. Driver Agent's extensive proprietary device driver database combined with its scan, analyze and update technology makes it one of the most comprehensive Internet destinations for system critical updates and a must have subscription for PC users," said Jason Raza, president and CEO of TouchStone Software Corp. Since launching as a paid subscription service, the Driver Agent web site has had more than 500,000 unique visitors, 8.5 million page views and signed up more than 10,000 paid subscribers. "
(Company must have signed up 5000 new customers in Jan given that of the 10,000 that were signed and noted in press release, 5000 were done in the first 6 weeks of the 4th qtr, the other 5000 plus were signed in Jan as press release included all customers as of 31 Jan.
IF THE COMPANY continues to grow at this rate, 15,000 new customers times $30 per customer would result in significant revenue growth in the first qtr."
Recent news release:
driveragent.com
New Partnership with PCPitstop:
pcpitstop.com
New Partnership with Lavalys:
lavalys.com
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