Forecross Corporation : Y/2000 Message Board

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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: Mark Jurik who wrote (1587)	5/8/1999 12:23:00 PM
From: Rick Voteau	Read Replies (1) of 1654

Let's take another guesstimate Lets' say (using your $.10/line of code estimate and $.16 per common share gross revenue) that $.10 goes to the bottom line. Let's say that the other contracts allow them to break even. This would mean that we are at 6 times earnings. This is an assumption and only that. By the way, as you know my momentum play theory hit a big snag on Friday afternoon. It still over doubled for the week which if you bought the previous week isn't bad. If you've been a long term holder, we are still at a very low level. It seems from your posts that you believe that Forecross won't do well. I think this is just the tip of the iceberg. Time is running out and it depends on what you think the currect state of Y2K readiness is. I think many companies are still behind and we will start seeing more panic soon. Do you think the Y2K issue is for the most part resolved?

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