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

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To: Alan Aronoff who wrote (377)12/2/1997 10:17:00 PM
From: taLuis   of 802
 
Guys, this is not another re-seller agreement, this is the real thing.

I doubt FSCX will go much lower than 3 1/2. It's bottomed here. All the bad market sentiment has been rung out of the stock, even the expected bad earnings report coming up. It's not going lower than this level. Face it, there's no where to go but up from here.

I bought some today at 3 11/16, and will be buying more in the morning. This stock will establish a solid base in the 3 1/2 to 4 range in the next week or so, and then will begin climbing back to the 5 or 6 range. By mid-January we'll be at 5 or 6. That's a 40% to 65% return. Not bad.

Luis
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