SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Fastcomm FSCX (6 1/8), base now complete. Big Upside.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Ableson who wrote (557)4/20/1998 11:09:00 AM
From: Rick Smith  Read Replies (2) of 802
 
Hope is all we have right now.
Until this Judgement is settled, FSCX will trade under a black cloud.
I continue to believe that the company is not signing deals in an effort to get this lawsuit behind it. They can't be held financially responsible for orders that weren't placed before the judgement amount was settled. Good strategy IMO.
And the plaintiff has NOTHING to gain from pushing Madsen to his strategy of last resort. Chapter 11. Something here is better for him than nothing. And the longer it takes to get this resolved, the longer it will take the plaintiff to realize any gain from the settlement, providing of course that the currency involved in this settlement is stock or stock options. (which is truely the only thing that makes sense to either party)
Of course Madsen could drag it out a while longer by appealing, which wouldn't cause us any more pain than we currently feel.
Tic Toc, the clock is moving. Petey, lets get this thing behind us and get going!!
R..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext