TouchStone S/W (TSSW) Message Board

STOCKTALK

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 : TouchStone S/W (TSSW)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Alan Cook who wrote (2457)	1/20/1999 8:03:00 PM
From: robbie_nw	Read Replies (3) of 3627

Just got off the phone with Pierre Narath....and was very encouraged by our conversation. When I called I really did not expect to catch him...so I was unprepared to ask him many of the questions I had hoped to. Some interesting points: When asked if revenue estimates of 2million for UNICORE were accurate...he responded with "at least". He would not comment on degree of profitability...except to confirm that they were profitable....said that such information would become available very soon. When I asked about his confidence in the future of TSSW....he immediatley pointed out what we already know....and stated that he wouldnt have sabotaged his profitable company if he wasn't completely confident about the future......pointed out that he now has the most to lose/gain (again something we already knew). He said his new management team (I gathered pretty much all from unicore)is extremely excited...also said "if you have the chance to meet YOUR MANAGEMENT TEAM, because it IS YOURS, you will be extremely impressed" He confirmed that company will be relocated to UNICORE location in boston area. He confirmed that new products have been in development...as well as new products beginning development. He said that they hope to have merger done by Jan 31st.....trying to accomodate some kind of shareholder vote....but also trying to expedite......said that after deal is approved they will immediately provide full disclosure. Also hoping to hold conference call and accelerate disclosure of Q4 earnings to that time. He also said "I have not been able to sleep" because of excitement....aknowledged the dire performance of past TSSW performance.....mentioned they have plans to improve PR....plan to have many more occasions for press releases...and reminded me of his vested interest again. He said that he spends most of his time in Boston area....and said he is usually difficult to catch. (something to keep in mind as we try to reach him in the future) hmmm..that's about all I can remember....cuz I didn't even have pen/paper to take notes...was so surprised to reach him...expected voicemail at best :>) Oh..one more thing....I said that I expected Q4 and Q1 to be "ugly"....and he didnt really comment...but stated he hoped Q2 would be encouraging. I interpreted that to mean that he somewhat agreed with me (?). Ok...two things.....I asked a hypothetical crystal ball question (which he of course coudn't/didn't answer)to the effect of...."would you call me insane if I was expecting a stock price of $3.00 in the next 6 months or so?".....and his legally, ethicly, and politically correct answer included the comment that "he would not have done this deal for that kind of performance"...or something to that effect. One could interpret his comment to mean that such performance ($3.00) exceeds his expectation...but I for one did not interpret it that way <VBG> ;>) - This investor encouraged yet again

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next