Fastcomm FSCX (6 1/8), base now complete. Big Upside. Message Board

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

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To: starpopper who wrote (181)	8/26/1997 10:21:00 AM
From: Rick Smith	of 802

Starpopper: I can't fault you for losing patience. Believe me! I've had days where I've lost the faith as well!! My sources still lead me to believe that FSCX is in the right place at the right time. They continue to lead the industry in FRAD R&D. They have the top sales force. ETC... So what's going to make this thing move forward?? I maintain my belief that there are some major contracts in the works. And with only about 10 million shares outstanding, it won't take much to make the calculations you posted (which were very good and much appreciated, by the way) inconsequential except for comparison purposes when things get better. I would agree with you that the stock has a lack of coverage due to the performance of the numbers and the analysts inability to put a handle on the figures from one quarter to the next. I frankly don't believe that Maddsen knows either at this point, but as the sales team does their job, and the orders begin to be filled , the financials should become much easier to predict. One last point for those interested in the technical analysis perspective at this point. I am noticing a very classic signal developing with the current chart pattern. If you draw a trend line from the top on 6-28-96 to the current price. And then draw a trend line from the bottom on 4-28-97 to the current price. Then you will see a breakout formation that is about as strong as any I've seen in some time. This alone does not predict which way it will break out, either UP or DOWN, but it does give you a basis for a trade. I'm staying very long, hoping for the best for us all. TIme will tell who's right. Good Luck. Rick..

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