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Technology Stocks : FirstWave Technologies (FSTW)

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To: Russian Bear who wrote (316)9/18/1998 8:39:00 AM
From: Bob Trocchi  Read Replies (3) of 9677
 
RB...

RE: Sell off

Theory.. Would you or anyone think that investors who had made some good profits in long term investments this year (actually believable until mid July) would be selling FSTW for tax loss purposes this year.

If they believed in FSTW long term, they could then buy it back in 30 days. I would not expect that FSTW would have a spike up (back to the levels 5 or so) until after their earnings are reported. By selling over the past few weeks and buying back later at approximately the same price, this could be the best of both worlds.

Just a theory, any comments?

Bob T.
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