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To: Mr.Manners who wrote (531)1/15/1999 10:26:00 AM
From: Oak Park Trader  Read Replies (1) | Respond to of 2231
 
The NBC/GE investment in TSCN (which, like PQT is in the business of providing financial data over the internet) just validates the potential of these internet businesses. TSCN trades at over 10 times sales, and PQT trades at 2 times sales. This deal makes PQT look pretty attractive in here.

Think of the potential strategic partners for PQT--the brokerage community, the internet financial community (like an Intuit or even a portal like Yahoo)--and now even the big Media guys like NBC!

What do you think?



To: Mr.Manners who wrote (531)1/15/1999 12:26:00 PM
From: Bill Fortune III  Read Replies (2) | Respond to of 2231
 
A note that may be of interest. PQT as of 9/30/98 for nine months, had revenues of $17,000,000 a 34% increase and TSCN had revenues for the same period of $10,800,000 a decrease of 6%. Both companies are loosing money at this point and if PQT is able to bring their cost under better control and continue the growth of revenues it will be in a much better position then TSCN as a potential investment like that of TSCN/GE in my opinion.

Regards,

Bill Fortune III