FirstWave Technologies (FSTW) Message Board

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Technology Stocks : FirstWave Technologies (FSTW)

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To: TEDennis who wrote (7229)	12/21/2002 9:12:50 PM
From: Mike M	Read Replies (2) of 9677

Re: <<If I thought that there was any chance that FSTW would earn 1% of the overall CRM action, I'd sell everything I own and plunk all the proceeds into FSTW. Heck, even better than that ... I'd figure out a way to buy the company outright !!>> TED you are too darn smart to be stumbling on this mouse hill. Why are you generating all those disruptive technology sound bites...<vbg>? Does anybody care what the real number is? As some companies are sliding into holes right now, FSTW is climbing out of one. If they grew their business 50-60% each year for the next few years from the next to nothing size you twins have been decrying), it won't take very long before the PE will begin to reflect that growth rate rather than sitting here at a 13 times prove it to me earnings...Can they do that? Yes they can. Will they? Neither you nor I know the answer to that. However, this year it wouldn't be a huge stretch for FSTW to double their bottom line...When a company starts to believe they are special it doesn't take long for the customers to believe it...If businesses start to unlock their purses and FSTW keeps the momo then get out of the way... <<FSTW doesn't have the sales channel, the distribution channel, or the technical staff resources to pull that off. Even with the additional "professional services" that were part of the Extreme Logic deal.>> To capture 1% in 2003? NO duh! To take their business to the next level? Bull! Marketing has under performed for years and yet you twins condemn RTB for turnover even as growth is materializing. The distribution channel...? Come on Terry. The distribution channel and the technical staff is and will be as large as it needs to be...(Do you really know how manpower intensive the distribution and technical work is anyway?) Why don't you use that prodigious sleuth power to do something constructive and find out how big the Extreme Logic Deal really is for FSTW...Change your assumptions from the "little engine that can't" to the one "that can" and see where that leads. Or just sit there for the next couple years and decry how ridiculously overpriced FSTW is compared to their prospects...and what a snake oil salesman RTB is...LOL.

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