Having traded FSCX successfully for the past year using technical analysis, it now appears that the worst is over for the company. After a long basing pattern, and a breakout formation in place dating back to 7-1-96 it now appears that this one is ready to move forward.
Fundamentally, the company has been positioning itself to be a major player. And while FSCX has been a major dissapointment for many who have bought and held instead of trading, I belive they have finally turned the corner. Solid product line, no debt, best sales force in the industry, all at the right price at the right time as frame relay becomes a major standard both domestically and internationally.
This thread is intended for those looking for a stock with big upside potential in the face of tough general market conditions. |
