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Technology Stocks : FTG_FARMSTEAD-AMEX

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To: GARY P GROBBEL who started this subject11/19/2000 10:40:45 PM
From: WalkAway   of 8
 
This is a very dangerous situation we are all in, lets hope things are resolved quickly and honestly.
I have been looking at a life time chart of FTG. I see that twice this stock has been near 18$ per share. Though the last sell off seems broader. In the last five years the stock has not been above 6$. Under the right conditions this stock could test 18$ again. Why, because its been there before. Anyway I don't own any yet and will be looking to buy near 1$ like I have said. I would expect price increase when telecom sector recovers or if good earnings news continues in future quarters. Either way I would be prepared to hold this one for very long term to try and make maximum profits. Would love to hold a 10k block into the teens. Though the temptation to sell on the way up would be huge.

Best of Luck
BC
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