To: King David who wrote (1468 ) 7/30/1999 4:10:00 PM From: Mike M Respond to of 9677
KD, thanks for your suggestion that I be careful with such strong words... I have been warned before. I think for every one who is "scratching their asses" as you so delicately put it, there are others who are looking at this stock to figure out where they want to enter because they were not stupid/greedy (take your pick) enough to buy at 8... These strong prices are a reflection of some things that are going on in this company that are adding value down the road. Anyone who thought this quarter's numbers were going to be dramatic was deluding themselves, but equally deluded are those who are claiming that FSTW is business as usual... KD, I have been around stocks for over 30 years...If there was nothing to that movement then it would have given all of it back already. Sure there are going to be detractors and FSTW has earned the right to be criticized...I think, however, that the turnaround is in full swing and that the stock price, which I am on record of defending when it was at 1 5/8, is one reflection of that. I don't know what you consider a long time KD...I do know that you and many others gave up on FSTW some time back. Some of you argued that if things started to come around then you could always jump back in. Well perhaps some did but my guess is that most won't recognize the turnaround when it slaps 'em between the eyes and their opportunity to ride the success of this company will pass them by. That is fine with me. I dumped my trading position in the mid 8's and am beginning to increase my core position. If the stock breaks below 3, which I do not expect but, given the weakness in this market, may happen, then I will load up a trading position. My position was modest when McIntyre was at the helm...it grew dramatically when Richard took over and Roger joined. Thanks for your opinion.