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Technology Stocks : FirstWave Technologies (FSTW)

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To: Russian Bear who wrote (222)8/31/1998 3:40:00 PM
From: Doug Fowler  Read Replies (2) of 9677
 
I rue the day I ever bought this pig.

I tried selling 1000 shares today at a measly 3 3/8, and the order still hasn't been filled. Bought in at 5 1/4 just about a month ago and it has never seen that price since then.

Small caps stocks are not only HUGE risks, but they are also difficult to sell.

I wouldn't be surprised to see FSTW under a $1 within a year.

Regardless of how good NetGain is, it will be very difficult to get decent sales from it. People are looking for safety in the more established players. The company's best hope is to get bought out.
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