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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 (1)4/21/1997 11:00:00 AM
From: Craig Kaltner   of 802
 
The samething was said at 7 1/2 . Take a look at this from another fastcomm thread

From: Rick Smith Feb 10 1997 4:55PM EST
Reply #518 of 622

MACD is turning negative.
In the past this has led some of the momentum players to sell while giving longterm holders a buying opportunity on the short term. Looks like 7 1/2 would be a low risk re-entry point for this issue when considering past action in the stock regarding bollinger band violations and subsequent short term moves.
Regarding COMNET '97, I was very impressed with the new and improved sales force that is now in place. NN really lost some great people to FSCX and the results should start to be seen shortly. Tech wreck this week could provide excuse for pullback but the team is now in place to really make this one of the years big winners.
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