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Technology Stocks : Firstwave Technologies, Inc. (FSTW)

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To: Lizzie Tudor who wrote (1111)6/4/1998 7:41:00 AM
From: Roger A. Babb  Read Replies (3) of 1205
 
Michelle, the trading volume on FSTW is low because it is not being played by the day traders. FSTW is a longer term buy & hold situation with the major investors having no intention of selling anywhere near the current price levels. It would only take a small amount of buying pressure to push it over $6 as the free float is very small.

But until it starts the next up move, you can get in at a bargain. In my opinion, there is very little downside. It will move up on good news.
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