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


To: Bob Trocchi who wrote (1432)7/21/1999 3:53:00 PM
From: Peter V  Respond to of 9677
 
I don't disagree, Bob. I sold my FSTW at 7 because like all huge runups, they get overdone, and the price eventually settles back down to reflect reality. I wish I had sold at 9, but I got about 175 percent return at 7, so I'm OK with that. I'd bet that I can buy about twice my position back in about two weeks for the same money. FSTW has potential, but it's in it's infancy right now, and is not going to run far in the next few weeks, maybe months.

Good luck, and have fun on vacation.



To: Bob Trocchi who wrote (1432)7/21/1999 3:58:00 PM
From: Charles P. Hubbard  Respond to of 9677
 
Bob, I think you are right about the future of ASP's. Why would a company want to house and maintain their own server and application software if they can buy the complete service and only keep PC's in-house. The only worry here might be company security issues relating to putting info about their business on someone else's server. But that can be handled. Good thought!
CPH



To: Bob Trocchi who wrote (1432)7/21/1999 5:28:00 PM
From: Roger A. Babb  Respond to of 9677
 
Bob, finally a post I can respond to! Netgain is being positioned as an ASP application and we believe the future is in that direction. The WSJ article is right on.