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


To: Daniel Schumacher who wrote (2437)1/8/1999 4:17:00 PM
From: jonj  Read Replies (3) | Respond to of 3627
 
I believe the acquisition will open a large potential market of corporate clients for tssw and expand Unicores customer base as well.
Touchstone will continue marketing its products in retail channels and hopefully will capitalize on Unicores extensive fortune500 and governmental customer base to increase revenues and add stability to earnings reports. In many respects the current turn of events is a change for the better. It offers tssw a real source of income outside of the retail channel that IMO is dominated by companies with much greater $$$ for advertising and product development. For tssw to survive in this climate it would have to have a steady stream of products that are not just comparable to Norton and others, but clearly better. You have to ask yourself, how many people are going to buy a comparable product from the small guy who might not be around next year, or worse, have never heard about them until they see the product on the shelf? On the other hand, tssw is small enough to offer tailor made services to corporate clients that larger companies just cant provide. Narath is ingrained in this corporate niche and knows he can find a place for tssw's expertise.
And who is "the other sharholder" of Unicore alluded to in the release? I'll bet all my shares it's Phoenix or Award. Didnt Tssw sign an agreement with award earlier in the year? Wasnt Narath (and still may be) on the board at award? If all this is true, that would make Phoenix or Award a major shareholder of tssw. I'm sure this major company wouldnt mind lending a HELPING HAND to tssw. And of course lets not forget Narath has his shirt to lose if the union between tssw and unicore is not profitable.
So many possibilities, lets see what happens.



To: Daniel Schumacher who wrote (2437)1/8/1999 8:22:00 PM
From: SkyDart  Respond to of 3627
 
I am in this one [small position]. LOOK AT THE CHART:

www.askresearch.com.

Someone has been HEAVILY ACCUMULATING this stock the past two months.

On Balance volume way up. Overall trading volume way up. MACD shows a TRIPLE BULLISH DIVERGENCE.

Couple these favorable technicals with the fact of a new CEO, Narash, and the Unicore Acquisition, this company will now have a largely increased earnings stream.

IMO the downside risk is 1/4 point. The realistic upside potential is 2 very soon ie ratio of reward:risk = 4:1. Possible upside 5+ . Possible downside = zero but I doubt it with the favorable balance sheet.

This stock has been brutally taken down from 6 to 3/4. Book value is 90 cents a share [BEFORE UNICORE!].

Low debt.

Might need to hold it a couple of months.

Good luck,

Jeff

P.S. I don't think Narash wd have sold his profitable UNICORE for TSSW stock if he wasn't QUITE CONFIDENT he would make money on the deal. I am betting on Narash....