SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : FirstWave Technologies (FSTW) -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (1437)7/21/1999 9:39:00 PM
From: McNabb Brothers  Read Replies (2) | Respond to of 9677
 
peter,

Have not sold a share. I'm a believer in Richard Brock and I'm in this for the long run. It's a funny thing how the mind set of investors are these days. I own a few private businesses and own some minority interest in a few other private businesses and I do not worry day to day what their worth is to me. I feel as though FSTW is an investment that I'm not going to worry about day to day and also feel I can not day trade a stock as thinly traded as FSTW is also. (That is up until the last three days.) If anything I will be adding to my position if the news continues especially if the revenues begin to come through. I said all along that if and when FSTW broke out to the up side I would add to my position, but was not expecting this type of break out. I'm watching it very close and if the stock will stay above $4 and change will be a very good sign IMO! Thanks for worrying about me, and even though I have not been real happy with my investment in FSTW I do not lose any sleep over it.

Hank



To: peter michaelson who wrote (1437)7/22/1999 7:35:00 PM
From: Mike M  Read Replies (1) | Respond to of 9677
 
The Microsoft news was excellent for FSTW. Should increase the stock price by a good 50%, to $2.25 on that news alone. Roger has done well.

Peter, I think you will wait a long time if you expect the stock price to ever see 2 1/4 again....I believe the stock was worth that even before the MSFT news. We have merely seen the pendulum swing beyond the reasonable in both directions.

I think MSFT's "vindication" has raised the consciousness level to add a "delta" value to this company... Do not look for this stock to drop below three and will be a buyer anytime it is below 4...

Good luck in your endeavors...w/ the exception of success as a FSTW shorter....:o)