FirstWave Technologies (FSTW) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Oeconomicus who wrote (249)	9/3/1998 11:50:00 PM
From: Roger A. Babb	Read Replies (1) of 9677

Bob, one lesson that I have learned over the years is not to let tax issues influence my decision. Almost every time I have either held a profit or sold a loss purely for tax reasons I have regretted the decision. On the subject of FSTW, I am looking forward to the official NetGain release and hopefully some revenue growth. While things are on the expected path for a new product and I am still bullish, I must honestly admit that I had hoped for faster revenue growth this quarter. But based on such a late quarter release of NetGain I now do not expect much impact until the 4th quarter and probably no earthshaking increases until 1999. From the beginning I called this a long term investment, but it is taking a couple of quarters longer than I had expected. I know as CEO of my software development company that the last 10% takes 50% of the time and it really would have been a surprise to get a big boost this quarter, but I was hopeful............ I will be in Australia and not posting for the next 10 days, but will leave behind some buy orders in case the MM decides to give away some shares. (For any burglers reading this post, the singing dog also bites) Roger

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next