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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 (803)	7/21/1998 11:16:00 PM
From: lazarre	Read Replies (1) \| Respond to of 2752

Doc, In your opinion, what would be the advantages to TSQD for dividending the shares of DRIV to TSQD shareholders besides being just an overall, swell thing to do? Any disadvantages? L

To: M. Frank Greiffenstein who wrote (803)	7/22/1998 2:10:00 AM
From: Quad Sevens	Read Replies (1) \| Respond to of 2752

<< INKT has market cap well over 1 billion dollars. I see no reason why DRIV can't achieve half that, which works out to $50 per DRIV share >> ????? Half a billion is 500 million. DRIV has close to 20 million fully diluted shares (see siliconinvestor.com. A half billion market cap for DRIV gives it a share price of 25, not 50. Even if you only use DRIV shares outstanding immediately after the IPO (which are closer to 17 million--not 16 million), you get a share price of about 30 on a market cap of half a billion. Using TSQD = .3 x DRIV then gives a price of 9 for TSQD. This does not take into account the option overhang in TSQD's capitalization that Browning mentioned, which would reduce the price of TSQD further. Wade