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


To: David Browning who wrote (790)7/21/1998 3:11:00 PM
From: Ed Don  Read Replies (2) | Respond to of 2752
 
David Browning or whoever you are -

If you are who I think you are you sold your shares a long time ago at much lower prices and your post represents sour grapes.



To: David Browning who wrote (790)7/21/1998 3:52:00 PM
From: IronMill  Respond to of 2752
 
What if the DRIV goes to 50-60 dollars such as BCST then what price would you think TSQD would be worth. Internet is one hot item, whether its making money at the moment or not.
Tim



To: David Browning who wrote (790)7/21/1998 4:03:00 PM
From: EPS  Respond to of 2752
 
David,

I'm sorry to learn that you did not participate in the private placement..! You could have made a killing....I'm afraid you're probably making another mistake now..

Good luck

Victor



To: David Browning who wrote (790)7/21/1998 4:50:00 PM
From: M. Frank Greiffenstein  Read Replies (3) | Respond to of 2752
 
Mostly agreed, but...

David, thanks for more information on Ronning and Co. Why didn't you post about this earlier, LOL, we could use poeple like you here.

I agree with you 100% that the investment story has changed. The reverse split, the disappointing small increase in gross revenues (I did the math in an earlier post), the appearance of trying to hide this disappointing increase (they posted 6 month figures, not quarterly), increase in G&A and the large # of DRIV options dissapoint me. In fact, I was tempted to sell into the gap up yesterday morning.

However, I decided to hang on for good reasons:

#1 I am using other Internet stocks as a yardstick. If Internet companies with floats/SO/options similar to DRIV can rocket to the stratosphere, why not DRIV? It appears to be in better shape than a number of these companies. Look at WAVX, another e-commerce "enabler". They have ZERO revenues and have failed to execute for 10 years, they have SO above DRIV's, yet the stock is clinging to the 4-4.5 level just on promise. DRIV is succeeding in their buisnes model as we speak after just 2.5 years of operation. Of course, the ocutnerargument is "Well, WAVX is just more overvalued than TSQD". Yes, but perceptions are everything in the market, and the perceptions of DRIV remain positive.

#2 Building anticipation. Poeple are starting to use the word "hot" in conneciton with DRIV IPO. More and more business writers are mentioning DRIV as a closely watched IPO.

#3 Future revenues. DRIV recently signed up some high traffic Webstores, including Dr. Dobbs Journal. KCGiant (a software developer for a national organizaiton he has not given me permission to name) tells me Dobbs Journal is a much valued resource for software libraries. I see higher ESD sales at a place like that than with the average software consumer.

#4 Foreign sales. Per the S1-A, 31% of sales are to foreign countries. With the recent opening of the London office, this should increase.

I am expecting more announcements as we draw closer to the IPO date. Usually the best are saved for last. Although disappointed, I see good support at $4.65 for reasons outlined by Wade Ramey earlier. If DRIV only goes off at $12, 4.65 is a good bottom line price.

I think we will be OK.

DocStone



To: David Browning who wrote (790)7/21/1998 4:55:00 PM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 2752
 
Stock dividend...

David, one of your comments intrigued me. You said you were hoping the TSQD would dividend the DRIV shares to stockholders. Yes, I was fantasizing that too. But you went on to say that that would require Ronning and officers cashing in all their options. I'm not sure why one would depend on the other. Why can't officers holding common shares get the same dividend regular shareholders do? Maybe I misunderstood.

DocStone



To: David Browning who wrote (790)7/21/1998 10:22:00 PM
From: DeWAVE  Read Replies (2) | Respond to of 2752
 
Dear David Browning,

Enjoyed your post.

1. You stated that you had a buy in March, that would indicate a buy between $1.50-$2.00.

2. You considered a partial sell recently around the $5 mark, knowing the circumstances of the company. However, from your statement you elected not to sell?

3. Even after your knowledge of the reverse split and after a decline in gross profit, it still sounds like you have not sold.

4. Your break even, (based on June results) does not reflect and unerdstandably so the most current press releases (5 in all and undoudtedly more to come before the IPO,IMO) which reflect future profits.

5. Your quote, "This, in turn, suggests that prices of $5 and upward for TSQD are generous, implying valuations, at least in my model, in the low to mid 20's for DRIV. This may prove unsustainable given the company's current operating trends."

However, it sounds like you have not sold one share. If you have any ability to predict internet IPO's then I would be very muched interested. However I think you would not even responded to this site unless your were looking for confirmation of higher expectations. Given the hype of internet IPO's and their extreme possilibilties, it seems like you are along for the ride like the rest of us... even given what you know.

But hey, I could be wrong, Don