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

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To: Frederick Langford who wrote (1963)8/11/1998 12:26:00 PM
From: M. Frank Greiffenstein  Read Replies (3) of 2752
 
New fair value for TSQD...

0.3 X 8.5 = $2.55. Add in $1 for value of TSQD core operations, and you are left with $3.55. That's the current ask. Looks like TSQD is at fair value as we speak.

There is no point buying TSQD now to play DRIV. The argument was that regular Joe's like us can't get DRIV shares before aftermarket action, so buy TSQD to get part of the run up. Well, DRIv is being offerred BELOW the initial price range, unheard of for an INternet Commerce stock. Should be plenty of shares of DRIV. So with the investment thesis gone, why hold TSQD?

DocStone
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