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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO. -- Ignore unavailable to you. Want to Upgrade?


To: David Browning who wrote (1196)3/2/1999 7:11:00 PM
From: Big Al  Respond to of 3198
 
David,
I strictly am going off of the IR person Jodie because she said she would check it out with a responsible party before she got back to me.

Would you mind calling Jodie tomorrow(their are two, you need the one in IR) and clarifying this for us since you apparently have studied this issue more than anyone else.

612-253-1234. You could also ask for Robert Strawman, CFO.

Thanks, A.H.



To: David Browning who wrote (1196)3/2/1999 8:16:00 PM
From: M. Frank Greiffenstein  Read Replies (2) | Respond to of 3198
 
TSQD up on auction block...

March 02, 1999 19:50

Tech Squared Names Chuck Reese as Chief Executive Officer; Board
Authorizes Company to Explore Strategic Alternatives

MINNEAPOLIS, March 2 /PRNewswire/ -- Tech Squared Inc. (OTC Bulletin Board: TSQD) today
announced the appointment of Chuck Reese as chief executive officer. Reese, who has been with the
company since August 1996, will continue to serve as president and chief operating officer. The former
chief executive officer, Rick Apple, is no longer with the company.

The board of directors also authorized management to make investigations and, if appropriate, enter into
preliminary negotiations regarding possible changes in the company's business, including, but not limited
to, strategic alliances, joint ventures, mergers, sale of the company's operating business and other
alternatives. Such investigation is at a preliminary stage and no prediction can be made as to what, if any,
transactions or changes will be effected.

Tech Squared Inc. is a national direct marketer and distributor of microcomputer hardware and software
products for personal computers.

Except for historical information, the information contained in this release is forward-looking and subject to
certain risks as described in the company's filings with the Securities and Exchange Commission,
including the company's annual report on Form 10-K for the year ended Dec. 31, 1997. Actual results may
differ significantly based on such risks.

CONTACT: Jeffrey F. Martin of Tech Squared Inc., 612-832-5622; or
Tom Langenfeld of Swenson NHB Investor Relations, 612-371-0000,
for Tech Squared Inc.

SOURCE Tech Squared Inc.

/CONTACT: Jeffrey F. Martin of Tech Squared Inc., 612-832-5622; or
Tom Langenfeld of Swenson NHB Investor Relations, 612-371-0000, for Tech
Squared Inc./

(TSQD)




To: David Browning who wrote (1196)3/5/1999 12:22:00 PM
From: Big Al  Read Replies (2) | Respond to of 3198
 
>>AL, I'm having trouble with the lock-up numbers.<<

I double checked with DR about the lock up share amount after I saw what you were talking about concerning whether 3mm or 7mm shares were going to be unleashed for trading. The wording in the prospectus and the S-1 is very poor. I was confused to so I re-checked the number.

DR assures me that it IS NOT 7mm shares that are being un-locked, but rather approx. 3,178,000. The total float after Mar. 10 will be something in the neighborhood of 7,700,000 total, including option related shares.

Call DR IR dept. and talk to Jodie.