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

To: jonj who wrote (2441)	1/9/1999 3:20:00 PM
From: David Alan Cook	Respond to of 3627

jonj, Still here . . . still holding a very large position in TSSW. My take on the news is similar to yours. Although I was not expecting it, I am not surprise: 1) Company is selling below its book value and cash and investment on hand. 2) TSSW has a net loss carry forward that could be used to offset future gains from a profitable company. 3) This deal will increase the book value . . . increase revenues and help move TSSW into the black soon. I am waiting to see the financial numbers of the new company. 4) I also like the fact that the largest shareholder will be running the company. . . company benefits . . . stock moves up. . . he benefits as a shareholder . . . we benefit. ** Still expecting some other news. DC