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

To: Art M who wrote (447)6/24/1998 3:35:00 PM
From: Steve  Read Replies (1) | Respond to of 2752
 
Now I need some math help!

IPO estimated value at 40 mil. T2 controls 23% or about 9 mil. With aprox. 10 mil. T2 shares out there I come up with 90 cents per T2 share. Help!! this can't be right.



To: Art M who wrote (447)6/24/1998 3:42:00 PM
From: GemSeeker  Read Replies (2) | Respond to of 2752
 
Interesting quote from Gaskins report:

>>Digital River faces an uncertain market, especially given bandwidth constraints that make downloads slow. In 1997, sales were $2.5 million, yielding a loss of $3.5 million.

"I don't think they can compete with the established distributors in the field, which include Ingram Micro, Techdata and Merisel," says Mr.
Gaskins.<<


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