SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Fastcomm FSCX (6 1/8), base now complete. Big Upside.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rick Smith who wrote (151)7/26/1997 2:29:00 AM
From: CLAUDE JOHNSON   of 802
 
Rick,

Glad to see your post. You're the only one who has more information on this stock than my broker ... and, I'm sorry to say, that ain't saying much as his source of information has all but died out.

I put in to pick up some 1/98 5 calls at a nice price. If she goes down 1/8th I get 'em. I am very long this stock (50% of the stock positions in my portfolio, although I am 50% in cash right now).

We still have 3 analysts following FSCX. 2 Strong buys, 1 Buy. Looks like street is saying .35 for next year, .09 for 1st qtr. Please let me know if this is correct. At 20x we're looking at $7.00 level again (I know 20x is low for this type of company, but Its the way I think to find undervalued growth stocks). I think the key is for July to beat the estimate. Do you know when earnings for 1st qtr (7/97) will be released ? Glad I'm in Oct and Jan option plays.

Look forward to your thoughts. If there is no new news you've come across, would appreciate even that. I'm thinking about calling the company, but I'm gonna just get the standard lines. Would like others thoughts here ... much more meaningful. GO FSCX!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext