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

To: Jeff Miner who wrote (2399)	12/22/1998 10:01:00 AM
From: Daniel Schumacher	Read Replies (1) \| Respond to of 3627

Reference discussion on year end tax selling. Stocks that are down for the year usually endure tax selling. It is difficult under any circumstances for buying power to absorb that. I believe we will see a rebound in January. I also don't think it will take much to get the stock reversed at this point. Any positive news from the new CEO that is founded could very much revive the stock. They discuss internet possibilities, agreements with other companies, a new product, etc. I also think bundling the software with an OEM would be something they might push. Mr. Forbes has the right situation, bad new was heavy but is pretty much out there. Cost cutting measures put in place. Salary drain removed in board reduction. Core product line developed and selling. Christmas sales helpful and 2Q usually better. The contrarian in me tells me there is opportunity here. Admittedly I don't get too excited, past history has not always been pleasant, but I like the new CEO so far and have me eyes open. Dan S.