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Technology Stocks : TeraGLOBAL Communications Corp. (TGCC)

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To: Edward Murphy who wrote (159)4/11/1999 8:08:00 AM
From: TheSlowLane  Read Replies (1) of 235
 
Ed - I started looking at FVCX on Monday. I thought it looked pretty good. On Tuesday it spiked up 50%. Wednesday it was into the toilet on restated Q4, missed Q1 earnings. The shareholder lawsuits are already flying with Milburg Weiss and others getting involved. I think they might have a hard time getting over this latest debacle. Still, I think you are right that there is room for more than one winner. Do I wish I had bought TGNT back when they first came out of the gate - when everyone expected their first few years to be as rocky as WCII's? Hindsight is 20/20. I think the market will be tiered - not everyone needs/wants the Ferrari that TGCC is building. Many will be happy with a Geo Metro.
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