Fastcomm FSCX (6 1/8), base now complete. Big Upside. Message Board

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

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To: Craig Kaltner who wrote (7)	4/23/1997 10:38:00 AM
From: Rick Smith	of 802

Craig: Looks like 6 1/8 again within 30 days. With bolinger bands giving it room to 6 7/8 at the current reading. Because of the deterioration of the chart and obvious need for some positive news, I would look for move to 7 7/8 over 90 days. If you go back to Nov. 95 you can see some interesting parallels to the current stock price. During the next seven months the stock ran from 4 1/4 to 20 7/8 at the high on 6-3-96. Without question the stock is suffering from a lack of fundamental sales numbers that should be forthcomming. The products are good and the sales team is the best on the street according to some of their competitors. We are all hoping for some good news. But for now TA isn't going to help nearly as much as a press release showing some sales for the current quarter. I'm staying long as I continue to have confidence that CEO Maddsen knows something that so far we don't.

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