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

To: McNabb Brothers who wrote (1343)	7/19/1999 11:10:00 PM
From: jay v. harper	Respond to of 9677

It amazes me how greedy this market is. You gain 360% in one day and it's not enough? Sorry every stock has it's day and new buyers won't be fooled by today's hype.

To: McNabb Brothers who wrote (1343)	7/19/1999 11:25:00 PM
From: Young H. Noh	Read Replies (1) \| Respond to of 9677

The fact is that at this point earnings per share is negative because revenue cannot cover all expenses. That's an undisputed fact, and there has been so far no revenue increase. Unless there is a great increase in revenue, this stock deserves its low price despite low P/S ratio you mention. P/S ratio does not carry too much weight unless there is a positive earning per share IMO. Do you know why there has not been an increase in revenue so far? Or why is the company particularly in a good position to finally get rewarded for all its past expenses and investment? For all I know, this company may in long term may bring in a lot higher revenue justifying a higher stock price, but to say today's run-up to $9 may be justified due to the underlying fundamental value of this company is pushing it IMO. Otherwise, whenever there is a run-up in any company's stock price, we can say that the run up may be justified due to the company's good fundamentals. When can the company double its revenue? Are there other competitors with similar products? I would be interested in hearing about these issues since you appear to be more familiar with this company. BTW, I did take time to check out the company's products by visiting its website.