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Technology Stocks : FirstWave Technologies (FSTW)
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To: Russian Bear who wrote (213)8/27/1998 4:29:00 PM
From: Roger A. Babb  Read Replies (2) of 9677
 
RB, I was a buyer of FSTW today. Most of my other positions are shorts (see techstocks.com ) so the market drop is creating cash for me.

I don't know of any reason for the drop in FSTW other than the general market collapse. Currently the "market leader" Internet stocks are still much too high, but many small caps are depressed below fundamental values.

Whoever was dumping the FSTW shares today gave the MM some bucks by selling at market. Always use limit orders on a thinly traded stock like FSTW, give us buyers a chance to outbid the MM for them.
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