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

To: Jimbo Cobb who wrote (1435)	4/3/1998 11:37:00 PM
From: Jason Rooks	Read Replies (1) \| Respond to of 2443

I think there is real value in this company. That is why I have been buying shares for nearly 2 years, from 6 to 14. For example, the NASCAR license. The Formula 1 license. The brand equity as shown in the awards won for its products. The strategic alliances and bundling with Sierra for ProPilot, NASCAR, etc. The problem as we have discussed on this thread is the lack of marketing and questionable insider stock options that appear to maximize the insiders. Nonetheless, I believe the Company has real value (see recommendations by analysts). After reflecting all day, I think this is a buying opportunity because there is always an over reaction with bad news. My thought is that a 30% drop is customary with a surprise negative announcement. BUT, I think the drop should have dropped from 18 to 13, not 12 to 9. In other words, the stock was already undervalued, in my opinion, and therefore the buying opportunity that arises for a long term investor in a company when the price dips on unexpected news has been magnified by the undervaluation that has existed. Note, such rosey scenario views have gotten me in trouble before. I probably should have gotten out around 18, then 16, then 14. But, it is all some what gambling. Best of luck. I hope not to compete with you on Monday as I buy more.