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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 (1202)	3/3/1999 12:17:00 AM
From: C. McD	Read Replies (1) \| Respond to of 3198

David, I have been thinking for awhile that the best way for Ronning to do the dividend thing is to put TSQD up for sale. Nobody can afford TSQD if they have to pay full price for the DIRV shares, unless that is all they are trying to buy. If Ronning dividends the DRIV shares first, he can then sell the mac/publishing catalog business for a "fair" price, maybe $1-2 per share (I really have no idea). TSQD shareholders could realize 27%*$33+$1=~$10 by the time all is said and done. In any case, TSQD will NOT be sold for LESS than its current valuation of DRIV, and I really can't imagine and price tag or dividend that will not allow us investors to realize something very close to the 27% of DRIV's price that our 3 million shares represent. I see this news as VERY positive. I also see a strategic partnership as good (better) for TSQD shareholders, and I agree with you that Ronning may have this in his back pocket. I was really expecting FHT to be the partner before they got bought out themselves. RE: the Microsoft news, it doesn't mention ESD, it looks in fact like MSFT may help DRIV in that it will make e-commerce more prevalent. It could create more competition ofr COOL, BYND, IBUY, and the others, but I do not see MSFT developing the hardware to compete with DRIV. Serious hardware is not their game. MSFT could be creating more DRIV clients:)