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Technology Stocks : DSSI/DATA Systems & Software

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To: yosi s who wrote (859)	1/5/1999 8:13:00 PM
From: jtechkid	Read Replies (3) of 1061

THE KEY WITH DSSI is this. dssi is a holding company with three main assets-towersemi(tsemf)trades at 9.5 on the nasdac-dsi israel which is one of the largest software companies in israel in which dssi owns around 80%of the stock-Converge-which is a company that in simply terms reads and monitors meters. the key with dssi in my opinion is first dssi owns 3,250,000 shares of tower and has control of tower. if anybody noticed semi stocks are starting to pick up steam and i believe will be a huge year for semi's including tower. dssi can sell or divest tower in 1999 tax free to shareholders. i believe tower will hit 20 by minimun sept of this year which gives dssi about 65million doller in stock. dssi has 7.3 million outstanding at that point will have 8.90 dollers alone in tower stock. not bad. second-the wild card is converge and what is the value of the company. first ,they got a contract but more important they got their foot in the door. i continue to hear more contracts are coming soon and when that happens dssi will get their initial l finacing or private placement. dssi hopes to spin converge off in ipo in late 1999, just to give you an example of spinoffs-computer science(MALL) is computer reseller that had invested heavily in a private company but for long time nobody cared as it stock traded in the single digits. But when they decided to spinoff its privately company in an ipo-its called UBID their was huge disparity in the value of what they owned in ubid and the value of computer science stock. well computer science stock had to catch up and it went from 8-45-dollers very quick. the same can be said about other these companies like DBCC. My point is wall street is giving converge.dsi israel and all dssi companies outside of tower a value of zero. the key i see is people want to make money today and dssi will move dramaticly quick when either word gets out tsemf is getting divested or converge will do an ipo. at any rate if tower just works it more than a double from here. but, i believe like we are having sector rally in internet stocks today that at some point next year with deregulation in utilties and the size of the meter reading name will become it will be the next hot topic.its frustrating to me because nobody is seeing not just the contact but the potential. they have exclusive right to them and thats access to over 1.9 meters alone. with utilities this is a major change in how they do business so they will take their time. but say converge gets a contact for the 1.9 million meters with meter reading device costing around 200 dollers thats a 380million doller contact. they also have test pilots all over the world with major utilities. also, this tells me utilities are very interested as they obviously test any products befor they make this huge change in business. but, hey dssi and converge have their foot in the door and has been in this business from the beginning with a little luck one order this baby going to the moon. just hoping converge is as good as i believe. good luck-love tower in the semi's.JUSY MY OPINION

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