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


To: The Professor who wrote (454)7/9/1998 7:35:00 AM
From: Thomas Kirwin  Read Replies (1) | Respond to of 601
 
Napeague Letter Overview - 7/8/98

THE NAPEAGUE LETTER
Wednesday, July 8, 1998

Editor: Bob Davis napeague.com


UPDATES OF PREVIOUSLY ANALYZED COMPANIES

As of the close of the market on Wednesday, July 8, 1998:

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

TASA 9/5/97 $0.72 $1.34 12/3/97 $1.00 $1.60 - 2.00

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

TOUCHSTONE APPLIED SCIENCES - (NASDAQ:TASA):
It would appear that TASA will not "react" until the next piece of
news is released - but I'm expecting that the next piece of news will
be positive; either the announcement that the Drake acquisition has
been completed, or the release of positive third quarter results.
Technically, the stock currently appears to be building a base around
$1.00.

An updated Analysis of TASA was published on June 21st, and can be
found on the TNL web site. I am also planning to visit TASA on my
upcoming "road trip".

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.