First Virtual Corporation (FVCX) Message Board

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Technology Stocks : First Virtual Corporation (FVCX)

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To: TomT who wrote (64)	4/3/1999 6:34:00 PM
From: WallStreetTips	Read Replies (1) of 323

FVCX >>> CEO - Mr. Ralph Ungermann has not sold a single share As long as the chief or the main key person (CEO) has not sold any shares in the last six months I fell comfortable. Look at YHOO or MSFT or any other stock. All insiders sell very often still their stock prices keep going higher and higher. MSFT's Bill Gates on average sells 500000 shares a day of MSFT still the stock keeps going up. We have to understand that these insiders get options to buy shares at very low price compared to market price so they are going to sell at every selling window they get in open market so that they can buy may be even more shares at lower price by exercising their rights to get stocks under employee stock purchase plan. Insider selling in high tech companies is not unusual. Go check any high tech ot internet stock and you will find it the insiders have dumped heavily. FVCX is a professionally managed company and has established leadership in NGI. Companieslike British Telecom, IBM, Lucent Technologies, NEC, Nortel, EDS etc doesn't just go to any company to do business. FVCX has solid revenues and has been reporting higher revenues every quarter and is one of the handful internet companies that makes profits. FVCX is committed to increase shareholder value as could be seen from its website which keeps posting everything that could help boost its shareholdervalue. FVCX CEO has expressed his views that the market for its products appears to be demanding in coming months and FVCX is all set to take advantage of the exploding opportunities. I used to own ITVU a year ago when it was just $15 and look at where it is today. Truly I feel that FVCX should be at $60 and ITVU should be no higher than $30. FVCX is a Hambrecht and Quist followed stock so any upgrades they make could see sharp increase in stock price too. I like their balance sheet and am fully convinced that FVCX is a "Sreaming Buy"of "Streaming Video over the Internet" sector. Just my views.

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