FirstWave Technologies (FSTW) Message Board

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Technology Stocks : FirstWave Technologies (FSTW)

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To: incomep who wrote (48)	7/16/1998 4:43:00 PM
From: Roger A. Babb	Read Replies (1) of 9677

incomep, obvious someone was selling some shares today. I also bought some around $5 and will likely buy some more over the next few days. I am not aware of any pending news or negatives, but news from the company has been meager during the "quiet period" just before earnings release. I am very certain of the quality and the technology advance in the NetGain product having played with it a bit. What the world is waiting to see is evidence that FSTW will (or will not) be able to execute on the marketing front. I like their people and expect success, but the proof is in the doing. I would not advise using a stoploss order with FSTW. It is thinly traded and can make big short term moves on very low volume and then bounce back. The bid/ask spread may be large during moves. Thus you may get executed in a bad trade. I would NOT advise selling FSTW now, but everyone's situation is different and perhaps you have reasons not to hold. If you are considering a sale, I would suggest selling in small increments at your price rather than placing yourself at the mercy of the MM.

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