FASTCOMM COMMUNICATIONS (FSCX) - A GREAT BUY! Message Board

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Technology Stocks : FASTCOMM COMMUNICATIONS (FSCX) - A GREAT BUY!

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To: Rick Smith who wrote (647)	4/9/1998 11:38:00 PM
From: Michael Patrick	Read Replies (1) of 649

Okay, at this price, with the rumors recently circulating, and with the large volume buying in this recent bounce, now I am interested. My experience tells me that stocks move in two directions; regardless of the long term trend, which in this stock's case is obvious to all, even without the visual aid of a chart. During ascending or descending chart patterns, there are always moves which run contrary to the longer term trend. Not until the company posts consecutive quarters of increasing profitability, can we really get involved for the grand slam home run ball ($15 per share and higher), but right in here we have the makings of a high percentage gain trade. Maybe even a double to $4 per share. Can anyone comment on the prospects for the current quarter's revenues to come in above $3 million?

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