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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.

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To: M. Frank Greiffenstein who wrote (250)11/6/1998 9:03:00 PM
From: RikRichter  Read Replies (1) of 3198
 
Doc,

That being the case then at DRIV's peak today .25 X $14 = $3.5; TSQD's high for the day was only $2.15. Based on that model TSQD continues to have a substantial discount.

I still prefer the model of TSQD = (3.2/11) X DRIV which indicated that when DRIV hit $14 today TSQD should have been $4.07 without taking into account any enterprise value for TSQD.

Since the equity markets cratered in late summer, liquidity was lacking and EBB issues were severely discounted. With the markets having a sustained rally even EBB stock values seem to be returning to normalcy.

I am long both DRIV and TSQD.

Regards.

Elliot
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