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Technology Stocks : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (2040)4/25/1999 2:36:00 PM
From: jim geis  Respond to of 2443
 
Here is some TMSR info I just received from my brokerage firm.
4/22/99

Institutional Ownership
% Shares Out.Owned 15.5%
# of institutions 12
TOTAL shares held 0.682 Mil

Short Interest
Current Month 0.480 Mil
Previous Month 0.441 Mil
Avg Daily Volume 0.048 Mil

Commom Stock no Par, 10/98,25M auth., 4,399,495 issued
Insiders control approx. 42%
Simms Capital Management Inc, 7%
IPO 3/95, 1,552,500 shares @ $6.50



To: esecurities(tm) who wrote (2040)4/25/1999 2:49:00 PM
From: Timothy Detjens  Respond to of 2443
 
>With all due respect your post does not make any [logical, economic, corporate finance...sense].
Uh, huh. Spare me, ok, Norman? Everything you have said has been a complete whinge on the issues. All you succeed in doing is destroying whatever credibility you have left (probably none) step by step. My comment was clearly sarcastic, as was your threat of suing clearly false. Is is beyond a shadow of a doubt that you are simply attempting to use the net in order in overinflate yourself beyond the Norman that you are.
>Actually, and for your edification, TMSR unequivocally beats the S&P >500 in revenue growth (G*) during said time interval
For instance the above statement is completely false. It would be only true if you stopped the time interval in 1997.
Could you explain why you continue to misrepresent this company, and at no personal gain for yourself (as said posts are only read by a small percentage of individual investors) and possible misinforming an unfortunate few?

>until q1 1998 TMSRs ROE handily exceeded its cost of capital, hence >its back-to-back
Precisely - in other words it hasn't performed well since then, as you well know. It hasn't achieved good results since 1997.

The only thing that you clearly pointed out, is despite TMSR current overvaluation, your investment in said company has been soundly beaten by a very low risk index fund over time.

Try bedazzling someone else with irrelevant info, and get back to the
sales and growth *currently*. How about you compare the competition?

BTW, which book did you read that advised you to annoy company officials in requests for insider knowledge?



To: esecurities(tm) who wrote (2040)4/25/1999 5:33:00 PM
From: Chris McConnel  Respond to of 2443
 
I have to agree with Tim, you are totally off base. You are trying to sidestep the 1998 train wreck in your analysis. (not to mention you are comparing a small cap stock to a large cap index, wouldn't the Russell 2000 provide a better comparison, huhn?)

It does not matter how many fancy investment terms you want to throw at this, you can't obfuscate one simple and important fact:

TMSR Net Income
1995: 1.43
1996: 2.26
1997: 3.20
1998: -9.06 !!!!

(A loss greater then the income of the combined 3 prior years!!!!)

With a loss as big as that, the earnings from the prior years become VERY SUSPECT.

Let's be clear here, many companies in order to fool Wall Street (and enhance the CEO stock options), use tricks to make the bottom line look better then it is. Sometimes hiding expenses and then writing them off in huge onetime write-offs, like GT Interactive did. Sometimes they use overly aggressive accounting of revenue like Chain-saw Al did at Rubbermaid or CUC before it became part of Cendant, or stuffing the channel like Compaq did last year.

There's not lot of transparency with small caps, the limelight does not shine on them the way it does on the large caps. CEOs/CFOs of these small caps have more discretion, and if they are doing some tricky accounting, they will be able to get away with it, for a longer period of time. (it is also because the of this lack transparency, that small and micro caps are easily manipulated by hucksters.)

A day of reckoning comes, the company reports huge losses. Sometimes the CEO is dumped and a new guy is brought in to "FIX" the problem. However, there wasn't a problem at all... it's just that the company wasn't growing as fast as investors were led to believe, simple is that. Sorry about that people, your stock is worth half of what was the day before the pre-announce, have fun averaging. (you know the drill...)

Maybe TMSR used some fancy accounting to make 95-97 look better then it was, maybe not.

But I have a feeling Mr. e, you will tell me they did not...

- Chris



To: esecurities(tm) who wrote (2040)4/26/1999 1:13:00 AM
From: esecurities(tm)  Read Replies (1) | Respond to of 2443
 
INTERNET--(esecurities.W)--April 26, 1999 - Shockhammer, NASCAR&reg RacePro* O.K. in the U.K.

Few joypads ever take on Sony's official controller at its own game...

ShockHammer:

"Few joypads ever take on Sony's official controller at its own game and emerge with their heads held high, but the ShockHammer succeeds where others have failed…the ShockHammer provides perfect control."
Arcade Magazine, UK - 4 out of 5 stars.

"An ergonomic delight... the pad is very comfortable to hold, with nicely resistant analogue sticks,... it's just so damn styleish. This is a great dual shock with techno-fetish style."
Total PlayStation, UK - Top Gear.

"The ShockHammer looks good in its matte black and metal paint flake job, and it fits nicely into the hands. The large sculpted grips giving it a nice comfortable feel. The grips have a textured non-slip finish so sweaty hands won't slide about in the middle of a hectic game... a well-designed controller."
Total Control Magazine, UK - 4 out of 5 stars.

NASCAR® Race Pro:

"An ingenious design means this wheel can be comfortably cradled in your lap with no apparent loss of control. Also handles excellently, making this the best value wheel console steering wheel on the market."
ARCADE Magazine, UK - 4 stars.

SOURCE: &copy 1999 thrustmaster.com

*For the Sony&reg PlayStation&reg (ShockHammer, NASCAR&reg RacePro) and Nintendo&reg N64&reg (NASCAR&reg RacePro).