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


To: M. Frank Greiffenstein who wrote (2429)11/19/1998 5:14:00 PM
From: D. RUTTER  Respond to of 2752
 
DOC, Whats your gut tell you on DRIV-TSQD short term over the next couple of days/weeks. I love DRIV on long term



To: M. Frank Greiffenstein who wrote (2429)11/19/1998 5:21:00 PM
From: Steve  Respond to of 2752
 
Thank's for the explanation, I must of missed the past post. And yes I must need a supporter, considering the ride I have had with TSQD and my largest dollar holding FIXC (Ouch) I must have huge ones.
Regards,
Steve



To: M. Frank Greiffenstein who wrote (2429)11/19/1998 7:09:00 PM
From: Michael Baron  Read Replies (1) | Respond to of 2752
 
Hi Doc,
What with TSQD trading at 12 - 13% of DRIV, I think the 25% valuation, though backed by good "figuring," is not realistic. I think there will always be the valuation lag due to:
1. Lack of knowledge of the relationship.
2. Uncertainty about the exercise of the option, even though it looks OK now.
3. Time lag in TSQD "trailing" DRIV, coupled with the fact that the "buzz" is on DRIV.
If my estimates are good at ±15%, TSQD should be worth 2.73 right now (maybe market tomorrow), and 4.20 if DRIV hits your target of 28.
I sold part of my position today in 2 blocks, and have put limit orders in, stepping up to 6 3/8, just in case you're right!

All the best,
M.