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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO. -- Ignore unavailable to you. Want to Upgrade?


To: C. McD who wrote (253)11/6/1998 9:58:00 PM
From: RikRichter  Read Replies (1) | Respond to of 3198
 
C. McD,

Thanks for your research.

I still stand by my theory that the illiquidity of the capital markets prior to the second Fed rate cut caused OTC issues to take it on the chin harder than the average listed stock. That is supported by the .075 TSQD/DRIV low point during the world financial crisis.

Now that the Dow touched 9,000 today, the ratio has risen to .135. While it is hard to dispute the recent evidence of a .20 "normal" relationship, I am sticking by a .29 ratio (3.2/11) relationship as reasonable as it excludes any intrinsic value for TSQD.

Obviously, time will tell.

Regards.

Elliot