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Technology Stocks : Forecross Corporation : Y/2000
FRXX 0.000400+100.0%Mar 7 3:00 PM EST

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To: TEDennis who wrote (1392)9/4/1998 3:21:00 PM
From: J.D.R.  Read Replies (2) of 1654
 
Stock isn't being traded- debits are being kited. Almost all the volume is two "crosses" ie. transfers between accounts at the same brokerage house.Usually this results from a buyer being unable to pay so broker finds a friendly account to park the stock in until the owner can find some money to pay or place margin. Look for reversals of the trades(or more of the same) before Sept month end. Love those teaming agreement contracts- two parties get to tout the contract and nobody knows how much they're worth or how the proceeds will be split! Anyway, 67 weeks to year 2000 and another quarter of losses nearly completed-how do those guys hang in there? As the song goes.. FRX-another week older and deeper in debt, sold our soul to the Company factor. Good uptick on Lieday, boys- I knew you wouldn't disappoint!
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