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

To: Robert G Allen who wrote (1160)	12/26/1997 11:06:00 AM
From: WBendus	Respond to of 3627

Robert, I was in the local Office Max and there were about 5 copies of the product sitting there (full shelf) on Christmas Eve. I do not know if the store has been selling them right along and just re-ordered or whether the copies have been sittingthere for a while. This stock does not have a chance to going back up until earnings are released or management makes a positive announcement about their business. I personally have take my money and put it to work elsewhere for the time being. I was trying to convince myself that the company has put in a bottom but the stock action just does not support that hope. I still have estimates of $2,540K in revenues and -.05 eps. Committing additional capital into this stock would be very risky at this point. I am now think that those people who have been pulling their money from the stock will be tempted to put their money to work in some other more promising and battered tech stocks. If the market were rallying and the tech stocks were moving back to higher levels, then I might hold another view. Wayde.