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


To: Early Out who wrote (392)5/11/1998 9:11:00 PM
From: Thomas Kirwin  Respond to of 601
 
Napeague Letter Overview - 5/11/98

THE NAPEAGUE LETTER
Monday, May 11,1998

Editor: Bob Davis napeague.com

UPDATES OF PREVIOUSLY ANALYZED COMPANIES

As of the close of the market on Monday, May 11, 1998:

Initial Analysis --- High --- Current Theoretical
Symbol Date Price Price Date Price Value
------ ---- ------ ------ ------ -------- -------------

TASA 9/5/97 $0.72 $1.34 12/3/97 $1.31 $1.60 - $2.00

------------------------------------------------------------------

Touchstone Applied Sciences (NASDAQ:TASA):

I've obtained some additional information about the pending Drake
acquisition, which I will post on the TNL web site as soon as I have
an opportunity to further confirm it and write it up in a "readable"
fashion. The information is fairly positive.

Momentum-based technical indicators appear to be signaling a renewal
of the stock's upward price movement, and some volume-oriented
indicators are confirming this possible move.

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.