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: Alan Aronoff who wrote (400)	12/9/1997 4:26:00 PM
From: Rick Smith	Read Replies (2) of 802

Alan: I spoke to a large block trader at a respectd Wall St. firm: He told me at 3:15 today to expect FSCX to trade below 3 due to selling pressure put on by the brokers at Myers Poaack who apparently are finding new homes today at other firms. He told me that it was sporatic and meant nothing short term and that he was a buyer the second it went below 3 for this innocuous reason. This is not some fantasy. Have your brokers call their own traders to confirm. This guy has no position in the stock previously and had no ax to grind with me. He was trying to give me what insight he could and I expect he now owns stock in his trading account for his firm. I'm in the same boat as the rest of the longs. We have to wait until Monday for the earnings, and at the same time we have had another round of selling by some less than brilliant stockbrokers, trying to generate some commish to pay for Santa. I hope you TA is correct and that we see the high 3's tomorrow! Good Luck to All. Rick..

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