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Technology Stocks : TouchStone S/W (TSSW) -- Ignore unavailable to you. Want to Upgrade?


To: Bayclipper who wrote (2867)10/8/1999 12:13:00 PM
From: David Alan Cook  Read Replies (1) | Respond to of 3627
 
Gordon,
Have you called Rich or anyone else at the company. I try to call at least once a month.
Concur with the prior comments mentioned:
1) 3 products in final QA. I expected these products to be released already. Expect to see in the next 4 weeks. ( Fastmove. . .Checkit 2000 and Checkit Factory Edition.
2)This will be the first qtr that we will see a balance sheet without $2 million in reserves for merger with Unicore.
3) Cash should be slightly over 5.5 Million with about 560,000 in Unicore debt
4) I have encouraged mgt to provide us with an update on the Diamond Multimedia sale of NetOptimizer and Compaq Cardware deal
5) Noticed the recent filing by the CEO. . .no insider sales which is good news.
6) Company has stopped the negative cash burn rate. Cash flow has improved even though the company took a noncash charges from the Unicore merger. ( Purchase vs Pooling account . . .will decrease each qtr )

Dan,
Ref PUMA - stock moved from $2 to over $20. Took 3 years but worth the wait. Rec selling 50% and holding the remainder. No news to account for move other than BB talk about raising the tgt price.

DC