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

To: cynic who wrote (1077)	7/30/1998 2:52:00 PM
From: Andrew H	Respond to of 2752

Your numbers are off. Check the previous posts and you will see that you need to multiply by .3 rather than .2, since each share of TSQD is worth very close to .3 shares of DRIV. If BCST hit 60, DRIV should hit a minimum of 30, early on, IMO. You can find the correct figures here and in Wade's previous posts: exchange2000.com

To: cynic who wrote (1077)	7/30/1998 5:21:00 PM
From: Kimberly Lee	Read Replies (3) \| Respond to of 2752

<<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.>> Not really. TSQD owns 3,200,000 shares of DRIV, and TSQD has approximately 10,000,000 shares outstanding. If DRIV trades at $20 after market, that would give TSQD $6.4 ($20 x 3,200,000 / 10,000,000) for it's ownership of DRIV alone, and $9.4 if we add the 3 for TSQD's intrinsic value. Given the strength of DRIV's recent press releases thus the added numbers of important alliances and the additional positive publicity generated by the road show next week, I would really be surprised if DRIV trades below 30 in after market. As well, TSQD is a BB stock, so on the positive side most individual investors will not be able to short it. On the negative side, since BBs are not eligible to trade thru most ECNs, we will be missing the momentum of Datek, ISLD, TNTO players to drive the price up as they did with WCAP yesterday. Moreover, the absence of ECNs allow the market makers slightly more control of the price action. For those who haven't had a chance to examine DRIV's pre-IPO filings with SEC, I will post the link again: www1.freeedgar.com Kimberly