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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: C. McD who wrote (253)11/6/1998 9:58:00 PM
From: RikRichter  Read Replies (1) of 3198
 
C. McD,

Thanks for your research.

I still stand by my theory that the illiquidity of the capital markets prior to the second Fed rate cut caused OTC issues to take it on the chin harder than the average listed stock. That is supported by the .075 TSQD/DRIV low point during the world financial crisis.

Now that the Dow touched 9,000 today, the ratio has risen to .135. While it is hard to dispute the recent evidence of a .20 "normal" relationship, I am sticking by a .29 ratio (3.2/11) relationship as reasonable as it excludes any intrinsic value for TSQD.

Obviously, time will tell.

Regards.

Elliot
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext