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  • TouchIT Technologies Inc. (TUCN.OB) Reports Successful Second Quarter 2010 [View instapost]
    Q4 is always the biggest in the industry. In 2009 TUCN did more in Q4 than its first 3Q's combined. New distribution partners such as proforma.com and dstewart.com will generate huge business for TUCN. Proforma is the biggest forms Company in North Amer with over 700 franchisee reps and Douglas Stewart is a $300mil private educ Company that wants to be big in the IWB industry...
    Nov 24 03:15 PM | Likes Like |Link to Comment
  • TouchIT Technologies Inc. (TUCN.OB) Reports Successful Second Quarter 2010 [View instapost]
    there is 1 seller that owned a big piece of the original shell HMSM. Based on their cost avg, I do not believe they will sell below .125.. however I do believe they will be out of stock prior to months end.. I believe TUCN is an excellent value at these levels based on future projections and real sales and profit growth. Their IWB technology is far superior and more functional than competitors such as Smart, Promethean, Mimio and E-beam. Those competitors were simply in the IWB business well before TouchIT, in fact 2 of the founders of TUCN were Heads of Worldwide Sales at both Virtual Ink/ Mimio and Luidia/E-beam... I am convinced they will grow TUCN as they did previous Co's to valuations of 5-10's current
    Nov 23 08:53 AM | Likes Like |Link to Comment
  • TouchIT Technologies Inc. (TUCN.OB) Reports Successful Second Quarter 2010 [View instapost]
    I have a substantial equity stake in TUCN .. at $.17 today the market valuation is approx $10.5mil based on 61.3 issued and out. The IWB industry is growing and expected to continue growing at 25-33% annually, yet TUCN's organic growth is 3-4 times its peers. TUCN has $0 long term debt and has Projected $5mil SALES in 2010 with $750,000 NET INCOME and $12.5mil SALES in 2011 with $3.1mil net net.. If TUCN maintains a P/E of 15 and reaches its 2011 projections of $3.1 mil NET INCOME = $46.5MIL VALUATION or $.75 per share.

    According to Morgan Stanley analyst for market leader SMART (SMT) US Market penetration is expected to grow from 28% to 59% from 2009-2012. IWB's are less than 1% of an annual school budget. Therefore as more an more schools purchase their first one or a few IWBs, they will eventually install them in every classroom ... therefore there is real upside over the long term.
    Nov 19 04:23 PM | Likes Like |Link to Comment
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