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

To: Daniel Colton who wrote (2280)9/26/1998 1:23:00 PM
From: Patrick J. Saunders  Respond to of 3627
 
The last news release said a 35% cut in staffing. If this was a cut in the software development force, don't look for any new product ideas to come out of the development team to save the company. (IMHO) Does any one know the mix of layoffs? Also, in this industry, the time to market is very short, no software development company can sit on existing product hoping future sales of existing products will invigorate its future bottom line. No longer long, and not a short, just an observer now. Good luck all.



To: Daniel Colton who wrote (2280)9/26/1998 4:40:00 PM
From: David Alan Cook  Read Replies (1) | Respond to of 3627
 
Daniel,
I still own shares of TSSW. . .bought some more on Friday at $1.00.
Reference: 35% layoffs . . . since the company is no longer marketing its PC-Cillin product, I would expect the layoffs to come from this area.
Stock sales below cash . . many negative posts on the boards. . .looking for a move back up in TSSW.

DC


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