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


To: jonj1 who wrote (3192)3/23/2000 7:28:00 AM
From: David Alan Cook  Respond to of 3627
 
jonj, TSSW's Annual Result Beat Razo Report estimate by .14 on EPS and $339,355 on the revenue side:

From AM Razo And Company Report - BUY Rating Target $7

EPS Estimate for 99: Loss of .39 was estimate from Report
TSSW Reported a loss of .25
** Without one time Amortization and Merger Expense TSSW reported a profit of .10 for the year

Revenue Estimate for 99: $6.4 Million
TSSW Reported a 39% increase in Revenue - $6,739,355

Lets hope AM Razo and Company raises target price given recent numbers versus their estimated numbers

**** TSSW Made more twice as much money on PRTS even with a down close yesterday than they made with the software business for the entire year even when you exclude amortization charge and merger expense.

TSSW: 260,000 shares * ( 11.375 - $2.50 (Cost Basis)) = $2,307,500 / 11,300,000 ( Number of Shares) = .20

TSSW: EBLDE 100,000 warrant at $1.00 - Current price $5.625
Profit of $460,000 / 11,300,000 ( Number of Shares) = .04 EPS impact

Given these two gains based on very favorable cost basis, increase in funds to invest in companies at very favorable cost basis and current investment in PreIPO companies, TSSW is well positioned to show significant gains in the coming qtrs. If desired, TSSW could offset market risk by shorting against their position to lock in IPO Gains at very favorable cost basis. See no reason to do so but it is one option the company has.

DC