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: Sigmund who wrote (1072)	7/30/1998 2:47:00 PM
From: cynic	Read Replies (2) \| Respond to of 2752

All right, I've been following this thread for about a month now and have watched this stock go from 4 to 7. I thought the whole DRIV connection was sketchy at first but I did the RR and I like what I see. So I jumped in today @ 6 15/16. BTW, Sigmound, nice post on the news link. Problem is that that news story claims TSQD has a 23% interest in DRIV and the SEC filing I just read says that the number is really 18.25%. Anybody know the real figure? I would go with the SEC 8-1, but I imagine long term guys know better. I bought because the numbers add up for me. I know that a lot of people who bought in on the day BCST opened have been burned for up to 10+ ticks (opened at 68, today trading at 55). So, although DRIV will be a hit on its open, people will remember the BCST sting. I was cautious in my clacs and weighed DRIV in at 20 a share (I pray I am being overly careful with this). With an approx 20% share of DRIV that makes TSQD pop 4. If we add that to the price TSQD was trading at for most of the year (3) before all this speculation started, that would mean I bought in at a pretty fair market value of 7. I know this is a sophmoric valuation method but it is a quick fix. Any extra surprises in DRIVs IPO will only help the situation. What I want to know is what you guys think TSQD could go to. Over the past month I've seen figures ranging from 9 to 15. Anybody want to speculate? Ever the cynic.