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Technology Stocks : Formulab Neuronetics Corp.(FNCLY)-Anyone following this CO
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To: FDHIII who wrote (66)10/19/1997 6:47:00 PM
From: THOMAS GOODRICH   of 210
 
Some good points. I think the arbs are playing games with this one much like is the case on the pink sheets and even the NASDAQ in general where typically companies fare better than investors. FSS hype while actually a pretty savvy assessment overall given Formulabs blockbuster products and potential may have in the interim thwarted a runup in price. Many investors particularly quick-triggers employ tight stop limits and the arbs watch for this and thus drop the bids flushing many people out. A share price of $20 to $30 is not unrealistic for FNCLY in a year or two if the software product alone is as well received as the company predicts. This is definately one to be patient with! I will be meeting with these folks in Washington, DC in a couple of weeks and I'll report back findings.
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