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Technology Stocks : FirstWave Technologies (FSTW)

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To: James Unterburger who wrote (389)10/8/1998 9:59:00 PM
From: Timoteo  Read Replies (2) of 9677
 
James and all- I don't know what you own right now but 2/3rds of my portfolio has lost 60% or more from 52 week highs, so FSTW is about average. Micro caps and small caps are getting clobbered simply because no one is buying them. As I teach my economics students, the stock market is the best example of the laws of supply and demand outh there. I am slowing buying more shares of companies like FSTW, PERI, CDT, SOFT, RMDY, TEAM and others on weakness. (Yes, I've shorted RMDY @ 40 but @ $8 its a screaming buy). I don't know if it will be 3 months or 3 years to profitability, but this will just be another blip on the chart in time.

Best,

Timoteo
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