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Technology Stocks : Firstwave Technologies, Inc. (FSTW)
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To: Roger A. Babb who wrote (261)1/14/1998 5:59:00 PM
From: Amsterdam  Read Replies (3) of 1205
 
Roger,

I'd love to see some revenue increase from anywhere, but how do you figure it will come from the current product line? One, it's another year older and already very tired as the new license revenue in '97 was very weak. Second, any customer that buys it will be buying a product that will be replaced within 6 months. The best Brock can do is sell them the current product line with a 100% revenue swap into the new product as an enticement, but from an implementation point of view that would be very unwise as the customer would have to reimplement the netgain product as the architectures are totally different. My view is that the revenue will be Very weak until the new product is officially announced and sellable, 4-6 months, and until that happens the analysts won't change their view. However, I do hope you're right.
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