To: bythepark who wrote (959 ) 12/7/1997 1:15:00 PM From: esecurities(tm) Respond to of 2443
Winningstad, Magic 25 and Friday's close. Winningstad--liquidating 300,000 shares for cash simply is not sound financial planning. Transfer of said shares into, for example, The Winningstad Trust...is simply how estates are preserved pursuant to pv maximization and minimization of taxes. The fact TMSR also has multiple BUY ratings out obfuscates this situation further. Magic 25--NOT Firday's close--13 1/4 -1/8 on 3x normal avg. daily volume. Generally, not considered a positive development esp. given a pending secondary anticipated at $15/share. This company and all associated (I/R) counsel and market makers, are simply failing selling TMSR to the street(.) They have reduced the unprecedented news (from Forbes 200, Individual Investor back to back front cover coverage, (NYSE:CU) alliances, literally, ad infinitum) to a zero pv. Inexcusable. One must ask themself whether this would have occured with a Ellison-Oracle, Gates-Balmer Microsoft, Grove-Intel type management team. No. TMSR is not done restructuring their company, from investor relations counsel to its financial officer(s) to its market makers, in our opinion. Irreversible and lost opportunity costs and millions left on the table?, as of this date. No one can afford this to happen esp. in this industry and real-time paradigm shift and Microsoft. Financial management is a competitive weapon which TMSR is failing to capitalize upon and not effectively wielding. They simply must bring this area in parity with their other other clearly established superiorities in manufacturing, R&D, marketing (re: NASCAR)...17 business days left in Q4.