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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce

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To: R Sandvig who wrote (425)	6/19/1998 8:50:00 PM
From: M. Frank Greiffenstein	of 2752

This is typical... Sandvig, it is not unusual for registrations to go through stages from generalities to completion. IN fact, the prices don't get set until days before the offerring, sometimes they are changed minutes before the market opening. This open ended format allows companies flexibility in getting the best price for the best market conditions. TTN just cancelled the Linkabit registration, feeling the market is too "soft" (actually, I think thats not true, Linkabit sales have gone into the crapper becasue of Malaysia, Linkabits biggest customer). BUt anyway, nothing is set in stone with the first registration. My main point is: dDon't draw conlcusions about DR/TSQD management because the first registration has some blanks. DocStone

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