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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?

To: 24601 who wrote (136)	4/19/1998 12:21:00 PM
From: hoffy	Respond to of 2752

Is the IPO of Digital river supposed to be coming out soon? Is this just a rumor or just a matter of time that the IPO will be done? IMHO: I think the IPO will be as hot as DCLK or other internet companies that have recently IPO'd. Their business has been expanding at a very rapid rate and they have signed many of the big companies to sell through them. I don't see how it could not be huge.

To: 24601 who wrote (136)	4/19/1998 12:29:00 PM
From: M. Frank Greiffenstein	Read Replies (3) \| Respond to of 2752

Authorized v. issued? John, are you using "authorized" in a general or restricted sense? If in the restricted sense, I woulnd't care how many were authorized, all companies authorize many more shares than are issued. My own private practice is a Subchapter S-corp, we authorized 1 million shares in 1985, just issued 3,500 <g>. BTW, TSQD has the option to buy the 4.8 million shares at $1. CEO Joel Ronning was the personal owner of DR stock, that's what he paid for it, so he is "giving" it to TSQD. To0 finally answer your question about shares authorized for DR (in the strict definition), I don't know! DocStone