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

To: blankmind who wrote (961)	7/29/1998 5:25:00 PM
From: Michael Baron	Read Replies (2) \| Respond to of 2752

I think my response was predicated on the performance of FNTN this past 5 trading days: up precipitously, especially the 2nd day of the run, to 2.25, all on rumor, news and great fundamentals and story. But the story & fundamentals haven't changed since .50. Still a solid, well-run brand-new company with great potential. But now trading at 1.49, only 2 days later. I have to agree with a previous poster: that BB stocks don't behave the way they do on the Big Board. The momentum action was tremendous on FNTN, as well as MMs beating all they could out of it. I am thankful that I'm in it low enough to sit tight through thick and thin for the REAL profits I see coming down the road. But I am chary of huge percentage increases on expectations: I don't think they hold up for long (whether long means 3 days or 3 years). I agree that DRIV will be a hit if they IPO on schedule, but the price of TSQD may not reflect the initial run-up in DRIV, because, as you mention, some of that value is being applied to TSQD already. Take a look at FNTN's 2-week chart. Do you think this could be a model for TSQD performance until/because of DRIV's IPO? I value your opinion... M.