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

To: Hope who wrote (2277)	9/24/1998 2:16:00 PM
From: eric deaver	Read Replies (1) \| Respond to of 2752

"% of DRIV outstanding shares owned by TSQD = the # of DRIV shares owned by DRIV" Better said "(% of DRIV owned by TSQD (reportedly 19%?) X DRIV outstanding shares) = # of DRIV shares owned by TSQD" My mistake. That said, since we know the "# of DRIV shares owned by TSQD", we can substitute that value for the previous clause and do not need to know the two variables "% of DRIV owned by TSQD" and "DRIV outstanding". I went back to try to find the values for "# of shares owned by TSQD (post-IPO)" and "total TSQD outstanding". I do not have those numbers but clearly remember this exercise yielding a relationship of .3. Doc, a little help here... <<Both formulas should arrive at the same number and they don't. Has to be because people are using a different number of outstanding shares for DRIV and/or TSQD.>> I agree. There have been many numbers bantered about for the variables required and this is likely where the confusion comes in. I prefer to use the formula I outlined simply because there are fewer unknown variables and the two formulas are mathematically identical. Occum's Razor (kind of) Eric