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Technology Stocks : FirstWave Technologies (FSTW) -- Ignore unavailable to you. Want to Upgrade?


To: GregS who wrote (1341)7/19/1999 11:32:00 PM
From: Young H. Noh  Respond to of 9677
 
GregS, I agree with you, but why do you think the price will gap up pre-market? I tend to think where there is a definite news out that deflated short-term traders' expectation, the price will gap down at pre-market.



To: GregS who wrote (1341)7/19/1999 11:59:00 PM
From: Mike M  Respond to of 9677
 
It is astounding that a single small sale to MSFT would result in a 400% increase in the stock's price in one day.

What is more astounding is that those of us who listened to the CC knew of the MSFT purchase several weeks ago, and it was shared on this thread....Probably took a while to get MSFT approval for release....

After all, what technology does FSTW offer that can't be found in other CRM vendors.

You might be surprised.

Will FSTW survive longer term? Siebel is a tough competitor, the CRM market is more mature than several years ago, and FSTW likely can't show the investment community sustained revenue and earnings growth to justify a stonger P/S that more legitimate competitors enjoy.

I wonder what possesses you to make these judgements...Of course, Siebel is a tough competitor...FSTW is more likely a niche player...but they have a different customer target than Siebel....and will likely do quite nicely now that they have focused on that target. Time will tell but I would not count Richard Brock out.

Congratulations to investors who enjoyed a three-bagger today.
Thanks, I think....we take them any way we can get them....

Hope you booked your profits, and reenter when this one gets back to $3.

Ok, here is a little advice for you....I wouldn't hold my short waiting for 3....Even if your due diligence is the result of most of the whole day.