SI
SI
discoversearch

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: James Mitchell who wrote (1184)7/31/1998 4:36:00 PM
From: Pakman2000  Respond to of 2752
 
Unfortunately TSQD took it on the chin when WCAP started to tank but next week TSQD will shine. As the focus turns to Digital Rivers much anticipated IPO, Tech Squared will start to get coverage as well. If you were fortunate enough to sell high and re-enter at a lower price thats great. For those of you that are wondering if you should have sold in the 7's..........you'll have your chance next week. TSQD will see 11, 12, 13 just as WCAP did.



To: James Mitchell who wrote (1184)7/31/1998 4:36:00 PM
From: .com  Respond to of 2752
 
CYBERIAN OUTPOST (COOL) 23 5/8 +5 5/8. It took almost five hours, but BT Alex. Brown finally got
COOL shares open. Given the length of the delay, one would have expected a much stronger initial pop in the stock.
Shares of the online computer hardware and software retailer appeared to have opened at $30. But the first several
numbers were simply indications, not actual trades. When the indication tumbled to $25, traders in major stake-holder
Winfield Capital (WCAP 7 3/4 -1 5/32) began bailing out of the stock, sending the issue tumbling from the $11
level, on staggering volume of 11.5 million shares. The hope was that COOL would be another Broadcast.com (BCST)
a recent IPO that rose more than 200% on its first day of trading. While COOL won't go into the record books as being
the largest first day gainer in stock market history, it will secure a place as being one of the more controversial initial
public offerings. Expect traders to question why it took underwriter BT. Alex. Brown so long to get the stock open,
especially since retail demand for the issue was nowhere near the level the length of the delay would have suggested.
There will also be questions about those initial indications from the market makers.

Fundamentals

Shares Outstanding/Market Cap: 22 mln/$520 mln
Net Losses: 1997= $(0.22); 1998= $(1.07)
Price/Sales Ratio (trailing 12-months): Company=17; Competitors: Egghead.com (EGGS)= 1.3;
Software.Net (SWNT)= 12.
Total Sales: 1997= $10.79 mln; 1998= $22.68 mln (+110%)
Gross Margin Latest Qtr: Company= 9%; SWNT= 15%