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


To: jerry cooper who wrote (2226)8/30/1998 11:08:00 AM
From: David Alan Cook  Read Replies (1) | Respond to of 3627
 
Jerry,
TSSW reported a loss of .09 in the third qtr. Given the charge that TSSW took in the 2nd qtr, I would hope that the new mgt wanted all of the bad news out in the 2nd qtr as a precondition for taking over. Looks better if he can turn the company's operations around.
Stochastic indicators way oversold and the balance sheet is strong. Looks like panic selling to me. Looking for a bounce back up in the next 2 weeks. This stock has in the past bounced back sharply.

DC