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

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To: Rick Smith who wrote ()4/15/1997 10:00:00 AM
From: Rick Smith   of 802
 
A technical heads up to any traders still interested in this stock.
Take a look at the downtrend in place since July '97. A move to 6 3/8 will finally break this line. Also look at the major reversal indicator as it seems to be within days of moving to the upside. MACD has just moved into positive territory. Stock is trading at absolute bottom of bollinger band. Fundamental Analysis shows continued insider buying and net hiring of well respected sales staff.
Theres no sure thing, especially with this company, but the risk reward doesn't get any better than this. This looks like the spot.
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