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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: Ruyi who wrote (1456)10/9/1998 10:10:00 PM
From: Mark Jurik  Read Replies (1) of 1654
 
To ALL:

It's amazing now much energy was given in response to a simple statement of a day's trading volume.....

Rick:>>You sell at this price if you believe they are going out of business.<<

I follow my own analysis and sold months ago. Someday I may buy back.

Rick:>>Say what you want but I still believe they will get some contracts.<<

I also said, in a previous post, they will get some contracts. No disagreement there. However, I also said that all the factories (both publicly owned and privately owned) will have to compete for the job offers provided by the firms likely to be prime contractor: EDS, KEA, CA, etc. This competition will trim profits for the factories to the bone. Unless, of course, Forecross intends to be a prime contractor itself. But that requires massive advertising, as you can't support a company from just trade shows. Advertising is very expensive. My concern here is that I've seen no advertising. Have you?

Crandell:>>You choose to give pain and anguish to someone like Rick.<<

The market created the pain, not me.

Crandell:>>You're such a fool that you don't realize that at $1+/- you are buying an option that never expires.<<

On the contrary. Wisdom comes in knowing when and where the best percent return on the invested dollar will come from next. Maybe, someday, Forecross will bubble up to the top of my list.

Doug:>>The European Union's conversion to the new euro currency starting in a few months; the rollover of the date system in Global Positioning System satellites; America's surfeit of telephones for home and office, voice and data, threatening the possibility that the nation could run out of phone numbers; and ditto Social Security numbers, which are not used again when people die, big problems! <<

Granted. All true. And it tells me that percent gains are to be found betting on those Y2K firms dealing directly with these issues. On which of the issues does Forecross have leading expertise?

- Mark Jurik
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