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To: Dale Baker who wrote (176)	11/5/1997 1:52:00 PM
From: David Alan Cook	Respond to of 118717

Dale, I believe the big growth for TSSW will come from Checkit as this product has a much higher profit margin that PC-Cillin 3. I do believe that PC-Cillin 3 sales are up sharply from its prior product which should help to reduce the 3rd qtr loss when compared to the prior 2nd qtr. Need to see some e.support contracts. . this would help also. Ref Risk / Reward. Given the amount of cash and no bank debt and Insider ownership, I feel that the reward outweighs the risk. I am an investor who believes that the value of the shares are not reflected in the current price. May take 6 months or longer for this to happen . . but now is a good time to start adding to your position. . etc IMO. DC