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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: Dennis Wayne Kost who wrote (1391)9/11/1998 10:30:00 PM
From: Ruyi  Read Replies (2) of 1654
 
FRX put out news today and made reference to factories(plural, possibly a typo)I wonder. A few calls placed over past several weeks got several interesting pieces of information although nothing concrete.Calling corporate offices on one occasion an employee answering the phone stated that one of the principals asked for was in Australia on business another call found a principal in Ottawa again on business. A call to an analyst got a interesting response, FRX apparently doing work for several teaming partners or so he heard,nothing announced to public though,secrecy seems to be Y2K industry standard practise as of late.There is talk as well that one partner is so pleased with costs and turn around times they were apparently considering closing their own facility and going exclusive with FRX. A call to Pat Jones got a no comment on any of the queries but she sure sounded pumped about something(obviously not current share price).None of these pieces on their own mean much but coupled with recent lack of selling pressure,who knows.Today I heard a large VSE house was going long,problem being no stock offered, one broker was looking to buy but afraid on spiking price before he gets filled.Yesterday 20,000 shares were bid at $3.50.I also heard some juicy rumors but I won't repeat them for lack of confirmation.If any of the above come to fruition or any of the rumors are true it should be an interesting fall.Bob Bemer stated on CNN the other night that Y2K work to extend to 2005 at the least, a view shared by Gov't and many industries.
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