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

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To: Bill who wrote (144)3/27/1998 9:15:00 AM
From: Rick Smith  Read Replies (1) of 173
 
Starpopper and All: I think we're all sending some mixed signals here.
We've got a boat load of trouble here. Anyone can see that. The company is on the ropes and only the devil himself (Madsen) can pull this thing out of the hole that they have dug.
I think a lot of what I see, and for that matter post myself, comes from the high level of frustration that we all seem to feel right now.
FSCX's sales team sort of reminds me of the Bad News Bears movie from years ago. At some point they are going to have to take some action to prove to Wall St. that they can make it.
Madsen's industry connections have helped them get some important leads, re-seller agreements, and contracts. The time for them to force those agreements into hard currency is now. And this lawsuit has to go away. The plaintiff is going to have to make a choice. It's in his best interest to settle this thing and get get something out of the judgement. His attorney also should have this mind set as I expect he won't be seeing any money if there is no money to see.
I'm not buying any here. But I won't be selling any either. I'm content to wait it out and see what happens next.
Good Luck to All. R..
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