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Technology Stocks : FASTCOMM (FSCX)...UP, UP, & AWAY!!!

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To: scope who wrote (136)3/26/1998
From: starpopper  Read Replies (1) of 173
 
That $2 million sure as hell didn't go towards increasing assets or R&D! At best it went to fat swan-song salaries (SG&A), at worst it skipped the Caymans and went directly to Asia...where it promptly was consumed by the currency crisis! That would be the kind of bone-headed move one would expect of this management team!

Does anyone think another company might be interested in acquiring this wayward child? There's no way they're going to be able to raise any capital in the equity market, and no bank is going to go out on a limb with the numbers being reported. There are only two realistic options facing FSCX...to sell/bail out or bankruptcy!

"Greed is good"...for around $15 million someone can get their foot in the door of the fastest growing segment of the technology revolution, networking! Madsen doesn't hold a majority of the company, so it should be no problem dumping his ass as CEO in favor of one of those other young bucks from NN that recently joined FSCX...don't underestimate the power deflated options!!! If any of you guys are reading this, I'm willing to bet that a KKR or SFE might be willing to come up with some takeover $$$ for you! Just remember to put me in for a small consulting fee!:-)

$weet Dream$

$tarpopper
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