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Technology Stocks : FirstWave Technologies (FSTW)

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To: McNabb Brothers who wrote (1967)3/19/2000 1:22:00 PM
From: McNabb Brothers  Read Replies (1) of 9677
 
To all,

Last post was my first thoughts to the insider selling at FSTW, these are my second thoughts.

I do not blame Judith for some of her selling for she has been there for quite some time and desires it, and doubt she has the financials that some of the other insiders have! I will admit that it scares me that she sold all but 10 shares though!

As far as Roger, maybe he had to sell because of his SEBL short has been going up:

Message 13185826

The above statement Roger made does is not real smart IMO if one is really bullish on a sector such as he said about the CMR market growing by 50%, one would be better off by being in cash IMO! If one is long a company and short a company in the same field then he or she is hedged and in most hedged positions the investor usually does not have much confidence in either of his positions. In this case IMO Roger you do not have a lot of confidence in FSTW and as you have sold some of your shares the story is told!

Roger again another very very big disappointment coming from you again as it was last year when you lead me to believe you were a much bigger holder of FSTW than you were when it turned out that I'm a bigger holder than you. Now here you are suppose to be a long term holder of stocks and you are selling! Hope you have a nice cook out, for as it stands now I will not be there! The more I think about this the madder I get, the only thing of comfort out of this insider selling is that Richard Brock has not sold any! YET!

Hank
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