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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: C. McD who wrote (2739)7/13/1999 9:37:00 AM
From: allen v.w.  Read Replies (1) | Respond to of 2752
 
newsalert.com



To: C. McD who wrote (2739)8/31/1999 7:12:00 PM
From: David Browning  Read Replies (1) | Respond to of 2752
 
Well, here is a tiny voice in this fading forest

Today's action in TSQD, 261K traded, up .53, finds the volume higher than DRIV's itself, and the closing prices just about on a 6 for 1 ratio. Sounds to me like someone knows what the swap ratio is going to be and did a little arbitrage work today. My own speculation has been at 6 to 6.5 by the time all the candy is doled out to the insiders, so today's action only surprising in that the sellers were available. Now if DRIV could get on a tear, we will see whether the ratio holds up for any length of time.

Cheers,
David