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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (4474)12/29/1997 8:31:00 PM
From: David Alan Cook  Respond to of 42787
 
Chris,
TSSW's fundamentals look good to me. This company has a strong balance sheet with 741,000 in Cash, 8.871 million in short term investments and only 131,000 in Total LT liabilities. Given TSSW quick ratio of 2.99 versus the Industry Avg of 2.58 and Current Ratio of 3.28 versus the Industry Avg of 2.76, I feel confident that TSSW has staying power. Looking for lower costs in the 4th qtr. During the last qtr, TSSW cut its loss by .06 from .15 to .09 on revenue of 1.44 million versus 1.862 million the prior 2nd qtr. All we need to see is some revenue growth which I think we will start to see in the 4th qtr given a full qtr of PC-Cillin 3 sales ( versus about 6 weeks last qtr ) and about 6 weeks of Checkit Version 5 and Checkit Pro Sales. These new products should help.

Worth watching imo. . .If it does turn the corner, we will see much higher prices. First Call has an estimate of .13 for next year. Industry Price to Earnings ratio is 48. TSSW also sales at a steep discount to the Industry Price to Sales (1.62 versus Industry 9.22) and Price to Book ( 1.48 versus 11.75 )

DC