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


To: Sojourner Smith who wrote (1818)8/10/1998 11:27:00 PM
From: Moonlit Knight  Read Replies (1) | Respond to of 2752
 
Take a look at this:
news.com

"One IPO that had been expected to
price as early as tonight is e-commerce
company Digital River, but the pricing
has been delayed. The issue now is
expected to be priced and to begin
trading tomorrow. Also slated to go
public in the coming weeks are eBay
and interactive ad agency 24/7 Media.

While GeoCities has raised its initial
price range, the same has not yet
occurred for Digital River. Though this
could signal less investor interest for
Digital River than for GeoCities,
Peterson said it also could mean
simply that Digital River's stock will
be less volatile on its first day of
trading."

--Chris



To: Sojourner Smith who wrote (1818)8/10/1998 11:30:00 PM
From: .com  Respond to of 2752
 
Valuation Model: for demo purposes, not to debate!

Some other fine folks have prepared detailed valuation plans for DRIV. So, this is nothing really new. I am Just presenting the data differently, ussing the oustanding number of shares in the most recent earnings statement, and maybe refined a bit. The two posts which have done decent valauation models are:
exchange2000.com
exchange2000.com

Each dollar of DRIV equals .30 for TSQD plus the value of its core business.
This is based on the number of shares of TSQD outstanding (approximately 11,000,000) and the number of shares DRIV that are owned by TSQD (3,200,000)

Thus, the value of DRIV ONLY to TSQD is:
(sorry about spacing on right column--header should be moved over)
conservative
LOW/MID
DRIV TSQD-DRIV only Rest of TSQ Drange for TSQD est.for TSQD
$10 $3.00 $1-$3 $4-$6 $5.00
$12 $3.60 $1-$3 $4.60-$6.60 $5.60
$13 $3.90 $1-$3 $4.90-$6.90 $5.90
$14 $4.20 $1-$3 $5.20-$7.20 $6.20
$15 $4.50 $1-$3 $5.50-$7.50 $6.50
$16 $4.80 $1-$3 $5.80-$7.80 $6.80
$17 $5.10 $1-$3 $6.10-$8.10 $7.10

This model does not take into any hype factor which may be there when the speculation occurs before the opening on the streets.

The other factors to consider is the overall market mood in the morning. Right now, Asia aint so hot:

China Shanghai Composite -0.59%
Hong Kong Hang Seng 1.99%
Japan Nikkei 225 -0.46%

Also, futures not good (except for Nasdaq 100):
CONTRACT LAST NET CHGE
S&P 500 SEP98 1087.30 -120
E-MINI SEP98 1087.25B -125
DEC98 1099.50A -75
NSDQ100 SEP98 1373.65B +490



To: Sojourner Smith who wrote (1818)8/10/1998 11:53:00 PM
From: HandsOn  Read Replies (1) | Respond to of 2752
 
I agree and Their upgrades are very consistent profit makers also, good luck to everybody Tomorrow.