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Technology Stocks : FirstWave Technologies (FSTW)

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To: Sid Stuart who wrote (1419)7/21/1999 3:26:00 AM
From: Mike M  Read Replies (1) of 9677
 
Sid,

Good call and agree with you wholeheartedly. Sorry, but I doubt many widows and orphans were jumping into this stock as it rocketed past 8 yesterday... No doubt many a speculator trying to ride the momentum gravy train did and, like you, I feel little sympathy for them....
Live by the sword,...

There are those such as "our hero" who are willing to interpret every company move as sinister, particularly when it serves their self interest.

I am convinced that Richard and Roger and others were surprised to see the reaction of the market. I think the two day ride is very much symptomatic of a flawed culture....First, we see a stock is rising dramatically so we have to have it....then, it declines and we hate it.

Like you I will be looking for a great price in FSTW to redeploy some of my profits from this most recent overreaction.

Regards,

Mike
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