TouchStone S/W (TSSW) Message Board

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Technology Stocks : TouchStone S/W (TSSW)

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To: t36 who wrote (2251)	9/13/1998 9:36:00 AM
From: David Alan Cook	Read Replies (1) of 3627

Sue, I have taken a buy and hold approach with TSSW. Recent news releases both good and bad move this stock in wide swings. The stock has traded between $1 and $5 several times. Latest move down based on last qtr's negative earnings and restructuring charges. Believe the stock has over reacted as it now sells near cash and investments on hand. Need some positive news like any one of the following: 1) Results of netoptimizer sales 2) e.support contracts 3) share buyback 4) new year 2000 checkit product initial sales 5) new product announced ** Company signed a 3 year agreement with Award software and now has a member of Award on the board of directors. Given the company's products, cash on hand and negative retained earnings which could be used to offset the income from a company that was willing to merge with TSSW, TSSW is well positioned for either a takeover or a competent management team to turn this company around. DC

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