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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: James Strauss who wrote (7001)11/3/1997 1:55:00 PM
From: David Alan Cook  Read Replies (1) of 79293
 
Jim,
TSSW's best " money flow " indicator IMO is the flow of money from Insiders who have increased their ownership this year via hundered of thousands of options and last year by buying voer 400,000 shares.
In turnaround companies . . like TSSW . . I tend to focus more on the fundamentals ( even though the chart does look good ). Given the fact that TSSW has no debt and lots of cash, sells at a discount to the Industry Avg and has 3 new products which are being released, I think the reward far outweighs the risk.

New Products:
1) PC-Cillin just nominated by PC-Computing for the Most Valuable Product of The Year Award. The winner will be announced on the 16th of November. This product has been out for about 7 weeks in the third qtr.
a. Family PC rates this product number one . . . editor's choice . . beating its compeitors by a wide margin.
b. Windows Source gives the product its highest " steller award "

2) Checkit version 5: Just shipped to retailers. The Key Product IMO as it contributed about 72% of all TSSW revenues in the past. Last edition was released about 18 months ago. Help turn TSSW to the black then . . I am looking for the same this year. . beginning with the 4th qtr.

3) E.support: Has completed beta testing . CEO remarked that they are negotiating multiple contracts.

Lots of events in the next 3 weeks. Lets hope Money Flow turns UP BUT the Relative Strength Remains above 90. Last time I checkit IBD, it was at 94.

DC
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