SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: csm who wrote (242)3/29/1998 11:00:00 PM
From: Thomas Kirwin  Read Replies (1) of 601
 
Napeague Letter Overview - 3/29/98

. THE NAPEAGUE LETTER
Sunday, March 29, 1998

Editor: Bob Davis napeague.com

Touchstone Applied Sciences (NASDAQ:TASA)

At its Annual Stockholders Meeting which was held on Friday, March
27th, TASA announced that it has signed a Letter of Intent "to
acquire the Drake Business Schools. Drake operates and manages
post-secondary schools in the New York City metropolitan area." The
cash purchase price will be $2.5 million, and the acquisition will
reportedly add approximately $8 million to TASA's annual revenues.

The Napeague web site contains hypertext links to the complete press
release announcing this impending acquisition, and also contains a
copy of the speech given at the meeting by Andrew Simon, the Chairman
and CEO of TASA. I have also gathered some additional information
about Drake which I will post to the web site within the next hour or
two. As I gain additional information I will of course post it to
the web site, and I am planning to completely update the TASA Analysis
shortly.

UPDATES OF PREVIOUSLY ANALYZED COMPANIES

As of the Close on Friday, March 27, 1998:

Initial Analysis --- High --- Current Theoretical
Symbol Date Price Price Date Price Value
------ ---- ------ ------ ------ -------- -------------
TASA 9/5/97 $0.72 $1.34 12/3/97 $1.06 $1.60 - 2.00

NOTICE

This analysis is based on publicly-available information, and is in no
way warranted by me as to accuracy or completeness. I do not guarantee
to advise you as to any change in this information. I currently may be
a stockholder in these Companies as the result of purchasing the stock
on the open market, and I may from time to time purchase or sell these
Company's securities on the open market. I otherwise have no affiliation
with any of these Companies, and I am not compensated by any of them
in any way whatsoever.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News