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

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To: Ash Bansal who wrote (8)4/23/1997 11:01:00 AM
From: Rick Smith   of 802
 
Ash: New sales contracts have been slow in comming.
I agree totally that the people on board have had an ample time to show what they can add to FSCX. Unfortunately these types of aggreements take time and quite often the buyer and the seller of a major order will spend another month discussing how the press release will read. Pretty stupid in my opinion, but factual none the less.
We need to see some money changing hands and we need to see a profitable quarter in order to get this stock back on track.
I continue to have confidence in the sales force's reputation, FSCX's R&D team, and CEO Maddsen's greed in buying up as many shares as he can at these distressed levels. (there is no other reason for him doing this). Let's hope for the best. FSCX is at 4 7/8 currently.
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