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Technology Stocks : FLSH - M-FLASH SYSTEMS DISK PIONEERS
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To: Madharry who wrote (558)12/29/1998 10:45:00 AM
From: burt l seifman  Read Replies (1) of 923
 
Have not seen any revenue projections by the company to date, if somebody does would be nice to share. I don't know what promotion means. A few years ago, Intel was promoting them, but never amounted to much.
Well looking back at 98 a disappontment. Started out with 97 fourth quarter earnings beating expectations and we were all on a high thinking losses behind us. Did not pan out that way each successive quarter a disappointment.
Then we had MSFT announcement and stock did take off for a day until realization that sales were not at hand and flshf not receiving anything. I thought that with msft behind them we finally could get a run going.
Then there was Toshiba, made a lot of business sense but no one seems to care except a few of us followers.
Then we had all those annoucements. I thought it showed acceptance of product but again nothing. Remember this company had second offering at six a couple of years ago, so has done nothing to stay above price.
I was hoping to end the year at around nine and will be lucky to be half of that.
On the optomistic side, we are close. There are no more futures either 99 begins to show the promise we expect or it is time to look for other investments.
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