Forecross Corporation : Y/2000 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Forecross Corporation : Y/2000

FRXX 0.000400

+100.0%

Mar 7 3:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark Jurik who wrote (1583)	5/5/1999 7:50:00 PM
From: Rick Voteau	Read Replies (1) of 1654

Mark, I think this time is different because of the timing in relation to the year 2000. Also, Pat is pretty darned smart so she makes sure to not tell anyone anything that would be counter to the SEC rules. For instance, it is legal to say that there will be news coming out soon. It would of course be illegal to say what the news is before it is announced. By things in the works I mean large IV&V bids that are out and relatively large migration bids that are out. I thought people might like to hear it from Pat herself. As I say, I am hopeful that some of these are accepted. The more contracts Forecross gets, the greater their credibility. I talked to Pat Jones today about the large IV&V contract announced today. I couldn't get her to tell me how many dollars it is worth or what bank it is with. So much for my clout. What she did say is that it is with a former migration client so that narrows it down to either Bank of Montreal or Royal bank of Canada both of which are listed on the Forecross website. A while back Forecross had a sale of $.10 per line of converted code so my guess is that this contract is worth over a million dollars. Again, this is my guess. I think IV&V's are about .07 to .10 per line of code. Do you have information on the going rates? Mark, I am still at a large paper loss on Forecross. I really think we have turned the corner. I am still stubbornly holding and I will be the first to admit that it has been the most painful hold of my life. I appreciate your input and skepticism.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next