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Technology Stocks : Fastcomm FSCX (6 1/8), base now complete. Big Upside.
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To: Rick Smith who wrote (588)6/3/1998 12:36:00 PM
From: Bill  Read Replies (1) of 802
 
I thought the problem was not with Davidson, but a creditor. From FSCX release:

FastComm stated its filing was a direct result of enforcement activities by a judgment creditor.

"It is unfortunate that the Company had to file for protection," said FastComm President Peter C. Madsen. "It is important to note that this action is in response to an act by a disputed creditor. I strongly believe that the judgment awarded this creditor had no basis in fact or law and that the Company will be successful on appeal, which it intends to vigorously, pursue. The Company plans to continue operations and conduct its business as usual and emerge from Chapter 11 as quickly as possible."
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