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Technology Stocks : Fastcomm FSCX (6 1/8), base now complete. Big Upside.

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To: robert m evans who wrote (81)5/29/1997 10:09:00 AM
From: Rick Smith   of 802
 
Robert: The need for money.
Cash is necessary for continued product development and aquisitions. I personally wish that any future aquisitions they may make, come from this or other cash and stop any dillution. With what's going on at FSCX, the stock is becomming an expensive currency.
The aquisition several months ago should be accretive to earnings this quarter. I also understand that Alcatel is finally comming through with DAILY orders of FRADS that are part of the contract released last July. This should also be very positive and finally be reflected on the numbers for the quarter.
There is an Interop type show in South America (Venezuela, I think) that FSCX is a big part of. Word is that things are going smoothly and the new sales people there are making imprtant inroads, even as we speak. This could be an important market for FSCX over the next couple of years. Maybe they'll have some results (contacts) in another month or two.
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