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

To: C. McD who wrote (2583)	1/11/1999 5:19:00 PM
From: Michael Baron	Respond to of 2752

Hi C., I, too, have been watching BANY because of the AYIC IPO. Tried to get in at .50 mid-December, and missed by .01. Been kicking myself I didn't go the extra penny, and now it's .74 today. This could be a good one, if you believe in the validity of AYIC. The main diff to me is that DRIV is a business which supports ecommerce without being exposed to the vagaries of site-hit numbers, new guys on the block, and minor market downs. DRIV should do better than the average etailer (emphasis on average), and be more tolerant of market swings because they are on the "supply side", to use an outdated phrase. Still watching BANY cause TSQD is so much fun! In response to the volume discrepancy/relative valuation change between TSQD and DRIV, I certainly hope someone knows something about the DRIV shares owned by TSQD, it's just too weird. Having resolved to buy under 9% and sell when the valuation reaches 11.5% (11.55 at close today), I've decided to hold until the picture clears. Might miss something. All the best, M.

To: C. McD who wrote (2583)	1/12/1999 1:04:00 AM
From: David Browning	Read Replies (2) \| Respond to of 2752

Here's a pleasant thought. Much is being speculated about an AMZN/DRIV relationship lately, and, worse, what if it doesn't happen. And, in the midst of all the action in the other internet stocks, DRIV has been unusually quiet since the New Year. What if the conversations between AMZN and DRIV had reached a point where the former indicated it wished an ownership interest in the latter as part of signing on for an esd relationship? DRIV can hardly be selling stock to every large company it wants to do business with, but, wait a minute....... Why shouldn't AMZN buy TSQD, thus acquiring a 16% interest in DRIV via the famous option. Merely a question of price. How about $240 million for the 16 million fully exercised shares shares of TSQD, or $15 per share. Placing no value whatever on the Mac business, the consideration would fall on the 3.0 million shares subject to the option, valuing them at $80 the share. This price would probably be reached in the market the day the AMZN/DRIV deal was announced. While Mr. Ronning and his other insiders could drive this themselves, it would still need a shareholder vote. Would any amongst us decline to tender? Pleasant dreams. David