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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (1116)	3/14/1999 9:58:00 AM
From: David Alan Cook	Respond to of 4766

TSSW - My reasons for buying 1) Stocks sales below Industry average price ratios . . sales below its cash and investments on hand ( $1.08 Cash and Investments ) a) Price to Sales: TSSW: 1.61 Industry: 19.75 b) Price to Book: TSSW: 1.03 Industry: 15.83 c) Industry Avg Price to Earnings: 60.14 * TSSW has reported 3 straight qtrs of lower losses: Loss of .25 in the 2nd qtr Loss of .12 in the 3rd qtr Loss of .03 in the 4th qtr ( with a .02 restructuring charge ) 2) Company has strong financial ratios a) Debt to Equity - 0.00 b) LTD to Equity - 0.00 c) Quick Ratio TSSW 2.64 versus Industry 2.65 d) Current Ratio 2.96 versus Industry 2.78 3) Company announced the acquisition of Unicore. . a company with over 3.4 million in revenue and positive Net Income which was up over 100%. a) The new CEO of Unicore will be taking over TSSW. He has accepted payment in TSSW shares priced at $1.00 . He previously bought shares at $1.2. I have been long on TSSW for over 2 years. Biggest problem with this company has been management's inability to develop a marketing strategy that was effective at maintaining profitability for its products which have won numerous awards. . Product of the year nomination . . win list etc I use price ratios to determine the upside potential. The new CEO now has a big stake in this company. DC