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Technology Stocks : Formulab Neuronetics Corp.(FNCLY)-Anyone following this CO
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To: THOMAS GOODRICH who wrote (160)3/24/1998 5:00:00 PM
From: Mick   of 210
 
Thomas

I guess you've hit the nail right on the head with that last question, how viable is the company in the medium term ? The working capital ratio of the company appears reasonable however I dont know how many more hits it can take. I picked up the stock following a recommendation from Shaw Stockbroking and obviously FSS thought it was a reasonable stock. FNCLY was the first stock that I took up from a recommendation from a third party, I usually conduct my own analysis and make my investment decision upon this and I have had very good results over the past 3 years. Shaws and FSS really hold little credibility with me at the moment and talking with Shaws suddenly they claim to have lost contact with the company and wish to make no further comments. My view is that such groups should not be allowed to waste space on the internet. I've certainly had my one and only experience, a bad one at that, listening to their unsubstantiated recommendations and views.
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