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Technology Stocks : Fastcomm FSCX (6 1/8), base now complete. Big Upside.
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To: James Murray who wrote (357)11/20/1997 1:45:00 PM
From: Rick Smith   of 802
 
James: I have no idea what to expect from the 2nd quarter. (ended 10/31/97)
My only reliable info has been that their third quarter (ending 1/31/98) was when we were to see some great numbers posted, as the company delivers on a number of important contracts in earnest. One of their more important trade shows, Comnet in Washington DC, is around that time as well. We may see a number of releases from the company then as they set up to report that number. Madsen and Co. have been buying in anticipation of this quarter and are as suprised as we are at the current price. My understanding is that they are not concerned about the current price because they know what will be reported in a few more months. I just wish they'd have a little more compassion for the individual investors while we wait. Note to Madsen & Co.: please give the street some scoop to eleviate their fears for the time being while we wait.
The 2nd quarter has not really been brought up by my source, as all of the excitement is over the third quarter. I'll certainly post anything I hear, but please remember that I'm using a source, who as reliable as they've been in the past, doesn't speak specifically for FSCX.
Good Luck. Rick..
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