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Technology Stocks : FirstWave Technologies (FSTW)

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To: Amsterdam who wrote (131)7/29/1998 11:43:00 PM
From: Roger A. Babb  Read Replies (1) of 9677
 
Amsterdam, I will know more after I review the financials, but my current impression is the the Co-Cam loss was caused by one time acquisition expenses and that it will contribute to earnings in future quarters. I will dig through the details and post my findings later.

Also note that the NetGain introduction expenses are being expensed against current earnings. Most companies would have capitalized these costs against future NetGain revenues and booked a profit for the quarter. But again the devil is in the details and I have not seen the detailed financials yet. I will have more comments after I dig through it.

But these are all small details compared to the potential impact of growing NetGain revenues. The R&D and beta time is now coming to an end. NetGain will (or won't) begin to produce solid revenue growth over the next two quarters and the stock price will respond accordingly. My bet remains that NetGain will be a happy surprise in the marketplace. I have seen the technology and it is good, now let's see if the marketing can follow through.
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