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: gary althoff who wrote (372)	12/2/1997 11:12:00 AM
From: Rick Smith	of 802

gary: I agree. I wish there were some numbers presented. But this really is great news. And the Oregon Lottery continues to buy additional frads. This is the oddest thing I've seen in my years of investing. FSCX seems to have everything working for it right now, but the stock price trends lower. Insiders are BUYING. Technology is state of the art. Frame Relay has taken off worldwide. Salespeople from highly recognized companies are recruited and are at work. News releases are all positive. FSCX FRADS are blessed by most of the major players representing the largest Frame Relay Networks in the world. And we still are not showing any earnings to speak of. ??????? WHAT GIVES?????? It's just not logical that with everything going on AND the Insider Buying, that there wouldn't be some very good $$ news coming very soon. I have been hearing for 9 months that the 3rd quarter (Begun Nov.1st) would be the breakout quarter. It was interesting to me that Michael Patrick, who seemed to have very solid info on FSCX for his brief period on this thread, also indicated that the third quarter was the Big Kahuna. So why has the stock dropped? Margin selling once it dropped below $5/share and tax related selling I suspect. But if we are about to get some contract news, the stock should have reached a bottom and now be ready to move forward. I suspect that the 2nd quarter to be reported Dec. 12th or 15th, will show a loss again. My best guess for revenue is around 3 1/2 million. Showing a loss of about .10/share. From what I can see though, the street seems to be expecting more like 2 1/2 million in revenue and a loss of .15/share. If I'm right, then this will show why Maddsen and Co. have continued to be buyers of the stock, realizing what lies ahead from the third quarter going forward. Good Luck to All. Rick..

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