FASTCOMM (FSCX)...UP, UP, & AWAY!!! Message Board

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

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To: Bill who wrote (144)	3/27/1998 3:23:00 PM
From: starpopper	Read Replies (1) of 173

You're quite correct Rick...a month ago I thought the price was too low so I bought at $2.25, then after a runup to the mid $3 I decided to realize my 46% gain because of the uncertainty surrounding FSCX. Thank God I did because shortly afterwards they reported those ugly numbers and the stock dropped like a rock! I have been waffling lately, but I think everyone is a little confused right now! I would hope, like you do, that Madsen and crew wouldn't be buyers at $4-$6 if they had anticipated what was going to happen, but that is the point...they are not very good at anticipating effects of their actions on the stock price, nor are they very good at anticipating the demands and direction of their industry! Taking Buffett's philosophy, if all variables are the same, but the price has dropped, then buy more...the only problem with that is that the variables have changed dramatically and I don't want to end up with worthless certificates! Having said all that, I'm still thinking of trying to take advantage of the ambiguity in FSCX to make another quick double digit trade! Star

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