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

To: Anthony@Pacific who wrote (1348)	7/19/1999 11:39:00 PM
From: Kimberly Lee	Respond to of 9677

Anthony, reviewing all the information I have gathered on this company, there is absolutely no question in my mind that FirstWave intended to and did mislead many investors in the cited press release today. The transaction represents less than 1% of FSTW's entire trailing revenue for the whole year, and if this is not a little "Mickey Mouse" transaction, I don't know what is. The company officials' total lack of remorse makes this incident even more insidious.

To: Anthony@Pacific who wrote (1348)	7/19/1999 11:42:00 PM
From: Young H. Noh	Read Replies (1) \| Respond to of 9677

Anthony, I have following questions for you: 1. In your opinion, what factors determine whether a stock will gap up or gap down next day after positive news (in this case seemingly too positive news) has come out? 2. How does one know in the run-up day whether or not MMs are net shorts or longs?