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Technology Stocks : FirstWave Technologies (FSTW)

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To: Earthdog who wrote (243)9/3/1998 11:11:00 AM
From: Roger A. Babb  Read Replies (1) of 9677
 
Earthdog, I remain bullish on FSTW long term. But I don't see any nearterm earthshaking events that will run it up quickly in the face of this ugly market for small caps. I hope everyone will hold and buy more, but if you are uncomfortable with the size or duration of your holding it would not be unreasonable to reduce your position.

This market is being unkind to very small cap companies in general, a bear market in small caps that is now one year old. Many other good companies have now joined FSTW in the undervalued category (REAL, WTBK and IKOS are other examples) while high flyers stay too high (AMZN, YHOO for example). I can't predict when this market attitude will change.

I do expect a news release sometime soon announcing the general availability of the first commercial release of NetGain.
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