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Technology Stocks : TouchStone S/W (TSSW) -- Ignore unavailable to you. Want to Upgrade?

To: Bayclipper who wrote (2215)	8/28/1998 2:21:00 PM
From: David Alan Cook	Read Replies (1) \| Respond to of 3627

TSSW Selling Below Its Cash on Hand and Investments: From its latest 10Q recently released: For the Period ending 30 June 1998: CASH: $ 958,073 Restricted Cash: $ 500,000 Investments (Short Term) $8,037,953 Investments (Longer term Notes ) $1,374,383 Total Cash and Investments: $10,870,409.00 Number of shares outstanding: 7,939,460.00 Cash Per Share: $1.37 Company has time to turn its operations around given the amount of cash on hand and no bank debt. Up to the new CEO to turn the company around or sell it ( Insiders own about 21% of all shares ) The company has $10,554,826 in accumulated deficit that would be attractive to a takeover company to offset income. Anyone call Pam or Ray from Media Relations and IR lately? DC