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Microcap & Penny Stocks
Tech Squared (TSQD)- Internet Commerce
An SI Board Since November 1997
Posts SubjectMarks Bans Symbol
2752 10 0 TSQD
Emcee:  RikRichter Type:  Unmoderated
Tech Squared (TSQD), a marketer of microcomputer products, owns a 37% interst in a rapidly growing private company called Digital River, Inc. Fujitsu of Japan, the world's second largest computer company, owns a 25% stake in Digital River. Digital River is an Internet commerce services company providing over 700 clients (up from 200 last year) with a secure, online system for the sale and delivery of software products and digital images over the Internet. Digital River has twelve (12) patents pending for digital delivery, commerce and encryption systems. Recent new clients include Corel Corp. and Symantec Corp. Digital River recently hired Randy Womack as Chief Information Officer who came from Oracle Corp. as a development manager.

TSQD has about 10 million shares outstanding giving it a present market capitalization of about $27 million with the CEO owning almost 70% of these shares. TSQD reported $27.4 million of revenues for the first 9 months of 1997 with a small operating profit. Their fiscal financial statements were audited by Arthur Andersen LLP.

The December 1, 1997 "US News & World Report" stated in its "Online Malls Move Closer to Home" article that one forecast has Internet shopping growing from $2.6 billion today to $37.5 billion in five years which approaches today's mail-order catalog business of $46 billion.

Any comments about TSQD?
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2752 YES!!!!! From the last press release: 100 shares TSQD = 17.59 shares DRIV + in Rick Hudson-12/20/1999
2751 I don't think they've officially given it out yet, they probably had soC. McD-12/20/1999
2750 Was the conversion ratio of TSQD to DRIV stock announced? I didn't see it,Hope-12/20/1999
2749 Bye-bye TSQD, alas we knew you well: biz.yahoo.comC. McD-12/20/1999
2748 Friday December 10, 1:59 pm Eastern Time Company Press Release SOURCE: Tech SRick Hudson-12/10/1999
2747 FINALLY - here's the all clear: biz.yahoo.comC. McD-12/2/1999
2746 Tuesday November 9, 9:51 am Eastern Time Company Press Release Virtual TechnoRick Hudson-11/9/1999
2745 Of course, there is another, very distant, possibility.... What if today'sDavid Browning-8/31/1999
2744 Well, here is a tiny voice in this fading forest Today's action in TSQD, 2David Browning-8/31/1999
2743newsalert.com Virtual Technology agrees to acquire Tech Squared MINNEAPOLIS, Augallen v.w.-8/2/1999
2742newsalert.com Virtual Technology Corporation Signs Letter of Intent to Acquire allen v.w.-8/2/1999
2741Hope-7/13/1999
2740newsalert.comallen v.w.-7/13/1999
2739 David B., have to agree - deal coulda been better, I've been watching and wC. McD-7/12/1999
2738 This one worked well today +$1 closed @ $5!! :-) 2MAR$-7/12/1999
2737 TSQD never panned out for me the way I had planned and I got out a while back. Jeff Litwin-7/12/1999
2736 I just read the news & haven't taken a good look at it yet. But the maRick Hudson-7/12/1999
2735 Appealing to me, however, if this gentlemen's numbers match reality: messalazarre-7/12/1999
2734 If legit, reported deal not that appealing..... My first reaction when my soDavid Browning-7/12/1999
2733 (PR NEWSWIRE) Digital River and Tech Squared Announce Agreement for Digita Di2MAR$-7/11/1999
2732 There were trades before 1:30. There was a problem with the BB reporting systeHope-7/9/1999
2731 Interesting volume for DRIV too towards the close and after. May be we'll Retire_soon-7/8/1999
2730 While TSQD was only up 1/32 at the close. I find it interesting that there wereRick Hudson-7/8/1999
2729 Thinking about the TSQD disposition.... I agree, Sigmund, that this was anothDavid Browning-7/4/1999
2728 This is one more step along the way of selling TSQD and help shareholders realiSigmund-7/3/1999
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