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Technology Stocks : FirstWave Technologies (FSTW)
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To: Paul Schmidt who wrote (60)7/17/1998 9:39:00 AM
From: Oeconomicus  Read Replies (2) of 9677
 
PS, hot subjects? The way SI scores that, sure. No bookmarks to a handful and no posts to a few posts are both infinite gains, but you apparently haven't read any of the recent posts. No one here is complaining of lack of analyst coverage and few are even wondering "why isn't FSTW moving?" as you suggest. We know this is a $25 million market cap company - way too small for most brokers' analysts to bother with and way too small for most institutions to touch. That won't change much until they prove they can actually generate substantial revenues from NetGain. However, several of us have seen the product and believe in its potential, and we also believe in management's ability to realize that potential. We are patiently accumulating and waiting for the Street to take notice. I, for one, would much rather take my time to understand a small, unloved and undercovered company with bright prospects and accumulate a substantial position over time than to rush out and chase the latest big gainer. You can have your overvalued double baggers. A 100% gain that is history is not reason for buying a particular stock now. The potential for much, much more in the future is.

Good luck with your "lazy weatherman" approach to investing ("it didn't rain yesterday, so it surely won't rain today").

Bob
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