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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!! -- Ignore unavailable to you. Want to Upgrade?

To: csm who wrote (242)	3/19/1998 10:13:00 PM
From: Thomas Kirwin	Respond to of 601

Contract Announcements With $$$$ Signs Needed Stuart, While I a share your lack of enthusiasm for the phonics press release it does give us insight regarding the many opportunities and markets available to TASA. I'd prefer to see an announcement referencing a contract that is signed, sealed and delivered with a state or school district for a quantity shipment of those phonics books. If you review the link that I provided to the California Board of Education you will see that an enormous amount of money is being spent on their reading initiative which contains phonics as an integral part. The initiative commenced one year ago and IMHO is just gaining momentum in California and the country. TASA now has the product and a ready market but can it sell the program? I can't wait to start reading the next chapter. Regards, Tom

To: csm who wrote (242)	3/29/1998 11:00:00 PM
From: Thomas Kirwin	Read Replies (1) \| Respond to of 601

Napeague Letter Overview - 3/29/98 . THE NAPEAGUE LETTER Sunday, March 29, 1998 Editor: Bob Davis napeague.com Touchstone Applied Sciences (NASDAQ:TASA) At its Annual Stockholders Meeting which was held on Friday, March 27th, TASA announced that it has signed a Letter of Intent "to acquire the Drake Business Schools. Drake operates and manages post-secondary schools in the New York City metropolitan area." The cash purchase price will be $2.5 million, and the acquisition will reportedly add approximately $8 million to TASA's annual revenues. The Napeague web site contains hypertext links to the complete press release announcing this impending acquisition, and also contains a copy of the speech given at the meeting by Andrew Simon, the Chairman and CEO of TASA. I have also gathered some additional information about Drake which I will post to the web site within the next hour or two. As I gain additional information I will of course post it to the web site, and I am planning to completely update the TASA Analysis shortly. UPDATES OF PREVIOUSLY ANALYZED COMPANIES As of the Close on Friday, March 27, 1998: Initial Analysis --- High --- Current Theoretical Symbol Date Price Price Date Price Value ------ ---- ------ ------ ------ -------- ------------- TASA 9/5/97 $0.72 $1.34 12/3/97 $1.06 $1.60 - 2.00 NOTICE This analysis is based on publicly-available information, and is in no way warranted by me as to accuracy or completeness. I do not guarantee to advise you as to any change in this information. I currently may be a stockholder in these Companies as the result of purchasing the stock on the open market, and I may from time to time purchase or sell these Company's securities on the open market. I otherwise have no affiliation with any of these Companies, and I am not compensated by any of them in any way whatsoever.