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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Rowe who wrote (2491)12/17/1998 7:02:00 PM
From: C. McD  Read Replies (1) of 2752
 
TSQD finally issues PR on selling 200,000 DRIV shares:

Not that this is new news:

biz.yahoo.com

The trick will be to figure out what TSQD will do, and when they will do it. My guess is that they will issue a dividend, but probably not anytime soon. The longer they wait, the better IMHO.

As I stated earlier today, they can give their shareholders a value of anywhere from 0.09 to 0.21 (9-21%) of the value of the remaining 3M shares. I don't expect anything until after 1Q-98, when they'll know better whether they need any of the DRIV shares to fund TSQD. I hope not. It doesn't surprise me anymore that TSQD is staying at 0.09 of the DRIV shares for now, too many unknowns to bet the bank on such big risk. Until next Q, don't expect STQD to deviate much, IMHO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext