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Technology Stocks : Firstwave Technologies, Inc. (FSTW)

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To: space cadet who wrote (4)11/24/1997 12:28:00 AM
From: Roger A. Babb   of 1205
 
Hello cadet, The new BROC NetGain products are not unix but are MSFT NT based and web based, very new technology. BROC took a dip back in the Spring due to some nasty writeoffs as they turned the business around. I really thought we would get a nice pop up when BROC announced the big earnings improvement in October, but earnings were announced on "grey Monday" with the Dow down over 500 points and the BROC news was lost in the noise.

I am very disappointed with IKOS results and management. They had a huge advantage with the VMW technology but can't seem to be able to keep the car between the ditches. I am still hopeful for IKOS but trimed back my position during the fall.
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