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Technology Stocks : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?


To: Paul W who wrote (926)12/2/1997 2:23:00 PM
From: esecurities(tm)  Respond to of 2443
 
TMSR SEC FORM 424A filed 11/26/97.

"...The Company's Common Stock is traded on the Nasdaq National Market under the symbol "TMSR." On November 21, 1997, the last reported sale price of the Common Stock as reported on the Nasdaq National Market was $15.00 per share. See "Price Range of Common Stock."

THE COMMON STOCK OFFERED HEREBY INVOLVES A HIGH DEGREE OF RISK. SEE
RISK FACTORS" COMMENCING ON PAGE 6 OF THIS PROSPECTUS.

THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE...

(1) See "Underwriting" for indemnification arrangements with the several Underwriters.

(2) Before deducting expenses payable by the Company, estimated at $250,000.

(3) The Company has granted the Underwriters a 45-day option to purchase up to 225,000 additional shares of Common Stock solely to cover over-allotments, if any...The shares of Common Stock are offered by the several Underwriters named herein subject to receipt and acceptance by them and subject to their right to reject any order in whole or in part. It is expected that delivery of the certificates representing such shares will be made against payment therefor at
the offices of Van Kasper & Company, in San Francisco, California on or about December , 1997..."


freeedgar.com [enter TMSR for 11-26 424A filing]

Good post Paul.



To: Paul W who wrote (926)12/2/1997 5:44:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 2443
 
>>RED CHIP REVIEW...expects trading within 14-18...next 12 mo...Target is 16.

Let's put this into perspective. Wedbush issues a BUY at ~$16/share in early October, of which all preceded substantial (PV) news and Red Chip comes up with this. Either Red Chip does not have a clue what they are talking about or TMSR (Wedbush, Cruttenden, Black, Aanderud, Koski, Cereghino, et al), simply blew it and is blowing it bigtime re: maximization of shareholder value, in our opinion. We do not see a third scenario as even remotely viable. To put it another way, Red Chip just made Wedbush look like fools. We subscribe to the first scenario. Additionally, if Red Chip's scenario plays out, TMSR will have no choice but to put themselves in play to maximize shareholder value. As of this minute, none of this makes sense (Red Chip Analyst report, Sunday Oregonian article, stock price...), whereas the facts do (Fujitsu, NASCAR Pro, T.E.N. NROS, Formula One, Millenium, Rage 3D, Forbes 200, INDIs Aug '97 AFGC/Sep '97 Mighty Mighty Microcaps, NYSE:CU Driver's Education '98, NYSE:CU WinNet, ThrustMaster Brand recognition...), in our opinion.


Current Forbes: Sports Top 40 (by salary/endorsements)

#1 Michael Jordan, Chicago Bulls, $78.4 million
#4 Michael Schumaker, Formula One, $35 million
#8 Dale Earnhardt, NASCAR, ?
#32 Jeff Gordon, NASCAR, $11.3 million

Accordingly?, it appears TMSRs Formula One may be selling through as strong as NASCAR Pro, hence, these two apparently unprecedented demanded wheels may possibly be responsible for a pending positive earnings/revenue Q4 '97, Q1 '98, Q2 '98...surprise(s)/upwards revisions [and given the above facts].

We also simply have placed and place no credibility in Red Chips's, Black's nor Cruttenden's analyst reports pursuant to ThrustMaster, to date.