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: Rick Smith who wrote (588)6/3/1998 12:45:00 PM
From: Alan Aronoff  Read Replies (1) of 802
 
<<If that were to occur the Chapter 11 Filing would be dismissed, and everything would go forward, business as usual, from there.>>

The problem is FSCX doesn't have a business. Otherwise, it would have the money to pay its creditors. Virtually no one uses FSCX's FRADs (see "net sales" in 10Q filings), why on earth would anyone start now?

If I owned any FSCX I'd take the 1/2 point now. Better than the $0.05 next month.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext