SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!! -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Kirwin who wrote (396)5/5/1998 9:01:00 AM
From: Thomas Kirwin  Respond to of 601
 
Napeague Letter Overview - 5/4/98


THE NAPEAGUE LETTER
Monday, May 4, 1998

Editor: Bob Davis napeague.com

UPDATES OF PREVIOUSLY ANALYZED COMPANIES

As of the close of the market on Monday, May 4, 1998:

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

TASA 9/5/97 $0.72 $1.34 12/3/97 $1.16 $1.60 - 2.00

Touchstone Applied Sciences (NASDAQ:TASA):

Earlier this morning TASA issued a press release announcing that "Beck
Evaluation and Testing Associates (BETA) has received a five-year
subcontract from the Texas Education Agency as part of a bid with
National Computer Systems, Inc." I'll post more about this on the
Napeague web site later today or tomorrow. A HTML link to the press
release can be found on the TNL site.

On April 15th, TASA announced plans for a stock buyback; although I do
not expect that this will result in a substantial move upward in the
stock's price, it will provide support if the stock drops below
current levels. Hopefully, everyone is aware that TASA is now in full
compliance with NASDAQ listing requirements - the Company is no longer
at risk of being delisted.

This press release was preceded by an announcement that "Modern
Learning Press Launches K-3 Handwriting Series". To quote from the
Press Release itself, "The K-3 market in the United States totals 15.2
million children. It is a market where high quality and affordable
prices are of growing importance to teachers and administrators making
purchasing decisions. For this new handwriting series, we engaged one
of the top recognized experts in America as author. In conforming to
our MLP strategy, we priced the handwriting series aggressively to be
the most affordable, high quality series available."

"For example," continued Simon, "our listed workbook price of $2.00
is just one third that of the most widely selling handwriting workbook
series. Educators can now afford for students to 'consume' the
workbook during the school year. We have positioned ourselves such
that obtaining a small share of the K-3 market should be very
significant to MLP and TASA."

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.



To: Thomas Kirwin who wrote (396)5/5/1998 9:56:00 AM
From: Gerald Merna  Respond to of 601
 
Tom - Great research on NCS and Harcourt Brace! Tasa's business plan is evolving very nicely. I like their long-term prospects.
Jerry



To: Thomas Kirwin who wrote (396)5/6/1998 4:32:00 PM
From: tom r. phillips  Read Replies (2) | Respond to of 601
 
re. Harcourt Brace and National Computer Systems

TASA just announced an association with these two organizations. biz.yahoo.com . They are well-known to most psychologists and educators.

Harcourt Brace owns The Psychological Corporation (San Antonio, TX), which is among the oldest and most respected producers of psychological tests and related materials. (For many years they have been the publisher of the Wechsler series of IQ tests. If you or a relative ever met individually with a psychologist for an IQ test, it was almost certainly a Wechsler test.) Their catalog (for psychologists) has over 175 pages.

National Computer Systems (Minneapolis) is another powerhouse publisher in the field (catalog 175+ pages). see wwws.ncs.com .

The array of products of the two organizations is large and includes materials for clinical, educational, career-counseling, organizational development, and other human resources applications.

TASA is keeping good company, IMHO.

tom phillips