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 : FirstWave Technologies (FSTW)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Buddy M who wrote (188)8/13/1998 10:38:00 PM
From: Roger A. Babb  Read Replies (2) of 9677
 
Buddy, I had the same thoughts as I read both the earnings press release and the 10q. It is obvious that management is being very conservative with their statements. I guess we can take that either of thee ways:

1. They are trying to not build expectations too early so that good news will come as a surprise and make a big splash.

2. They are just very conservative in what they say.

3. Things are not going as well as expected.

My opinion is that #2 is the correct answer. My impression is that management is concentrating efforts on launching NetGain and will wait and let the results speak for themselves rather than making any forward looking claims.

The 42 UK hires came with the UK acquisition. The expenses of the UK acquisition were a one time event and it is likely that the acquisition will be profitable before year end. I don't think the revenue from ICR, Wyse, and Honeywell has been recognized yet as of the 10q.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News