Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: krab who wrote (611)	7/17/1998 11:48:00 AM
From: Andrew H	Respond to of 2752

BCST is a hot internet stock doing its IPO today. Admittedly it is in a slightly different Internet business than DRIV, but the point is that they are both hot Internet IPOs. Originally priced at 18 it is expected to come on the market at 35-40 according to CNBC. The implications for TSQD are staggering. Let's say the DRIV IPO is set for 18 by the time the IPO comes public, supposedly in August. Let's say it trades at 40 the first day it is out, similar to expectations for BCST. Not a certainty but a decent possibility. Since each share of TSQD is worth .48 shares of DRIV, that is a value of almost 20/TSQD share, possibly on the first day of the DRIV offering.