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

To: M. Frank Greiffenstein who wrote (618)	7/17/1998 12:24:00 PM
From: RikRichter	Respond to of 2752

Take a look at today's Net IPO, BCST. Offered at 18, opened at 69, now at 74. What does this mean for TSQD/DRIV? ;-))

To: M. Frank Greiffenstein who wrote (618)	7/17/1998 12:25:00 PM
From: Andrew H	Read Replies (1) \| Respond to of 2752

Well, better raise the price you decide to discount from, doc. BCST just hit the market at 72!!!!!!!!!!!!!!!!

To: M. Frank Greiffenstein who wrote (618)	7/17/1998 1:48:00 PM
From: 24601	Read Replies (2) \| Respond to of 2752

Dear Doc: I am not talking about the market's discounting the value of the DRIV shares held by TSQD. I am asking whether each pre-IPO share will represent the same quantum of equity as a share issued in the IPO. For example -- and just as an example -- what if Digital River does undergo a reverse split before the IPO? Do we have a concrete basis for assuming that something like a 1-for-2 split before the IPO will not reduce the number of shares effectively controlled by TSQD to 2.4 million? Thanks.