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Technology Stocks : TouchStone S/W (TSSW)

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To: David Alan Cook who wrote (2608)4/12/1999 8:27:00 PM
From: BGL  Read Replies (2) of 3627
 
David,

Thank you very much for the informative post. I like what you've said but let me play Devil's Advocate in the nicest possible way:

1) FastMove -- I personally would never use anything like that. I don't know what demand there is for it, but that's just me.
2) Revenue -- In an earlier post you projected $4 million Unicore revenue this year. I believe that puts us into '00 before the the P/E ratio of the stock would represent growth company rather than a turnaround. I think with the share dilution, the stock could languish at $2.25 for a year.
3) TSSW renting out building -- great point. Thanks for the DD!
4) E-support -- this will cost a FORTUNE! I know this from experience; I am a technical writer and one thing I have learned is that estimates for information-related products are GROSSLY overly optimistic. Narath has even said he will sacrifice resources on this for increasing shareholder value. This is positive and shows good judgement. However, they need real professionals handling this project or it will crash and burn -- not just some engineers hacking around with an Excel spreadsheet and Visio flow charts.
5) CEO owns 25% of shares -- Can you give me a link to this information? The only thing I can find is that he's been paid $1 million dollars CASH and gets another $3 million worth of diluted shares (if we approve it). Would there even be a escrow period on the shares or could he dump them immediately?

* I truly like what I've seen with the OEM agreements. I can't wait to see more.
* I did like the conference call.
* I'm dying to see a combined financial statement.

Thanks again for your comments. . . BGL.
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