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

To: Daniel Colton who wrote (3623)	4/11/2008 7:29:43 AM
From: David Alan Cook	Read Replies (1) \| Respond to of 3627

Daniel, See recent filing for terms of the deal. $1.48 cash from the company that the insiders used to work at is way too cheap imo. PTEC who is the acquiring company is in the same line of work, will benefit from TSSW's technology, growing revenue, positive earnings and loss carry fwd write off from prior years. My assumption is that Pierre who owns over $3M in shares wanted to cash out of TSSW or cash in with PTEC. Although my average price is much lower than the takeout price, I am disappointed in mgt's decision. BTW, There is a provision for reconsideration of higher bids in the terms of the deal. DC