SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: eric deaver who wrote (2440)11/20/1998 11:17:00 AM
From: M. Frank Greiffenstein  Read Replies (4) | Respond to of 2752
 
My guts...

Somebody asked me what my guts are telling me. Here is the answer:

GIVE ME SOME ZANTAC !

OK, I feel better.

My gut tells me that TSQD will not rise to over 7 like it did last summer. The old saying is "Buy the anticipation, sell the fact". Well TSQD went from pennies to $7.50 based on anticipation, strictly fantasy based on our imagination about what DRIV IPO aciton would be like. DRIV is a reality now, and there is no room for fantasy, meaning TSQD price more likely to be checked by reality now.

My proof? DRIV is over 20, but TSQD stuck at under $3. TSQD should be at least 5 if our most conservative estiamtes of valuation were to apply. Why is TSQD so low? Deep discounting of DRIV stock ownership. A stockis worth more int he hand than the bush, i.e., if TSQD sold all their DRIv shares, the market would be flooded and DRIV price owuld go down dramatically.

Practically, I would sell TSQD if it ventured north of $4.

DocStone