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To: HerbVic who wrote (91)	8/7/2000 11:06:45 PM
From: michaele23	Respond to of 105

HerbVic, thanks for your response. On the issues you raised, good point about the stock slumping the last two days. However, volume was very high, double normal, and it only went down slightly so there must have been a lot of buyers. Sometimes when there are only five million shares mutual funds and other large funds can't buy the stock, float too low, so it is just as likely that more buyers are available with the larger float if there is interest. Its possible that institutions are coming in and snapping up shares from those who have been wanting to sell for awhile and are giving up. I am pretty sure as one can be that revenues are going to be up, they have been up continuously for two years now and reading through the business they landed this quarter suggests continued growth, as well as comments from the CEO during the last quarterly conference. That is speculation of course but that is about all you can know until they actually announce, unless they preannounce. Expenses may be higher too so it is a risk in that regard as well. The preferred dividend issue is a new one for me. That is a wild card. I noticed that when you started this thread you listed this stock, and FIRE used to have a lot of buzz. I am just wondering if it has lost it, or if there is something wrong with the company that insiders know that I don't. I have found that to be the case sometimes, and held stocks that looked good on paper that never seem to go up then later find out something bad about the company that wasn't really public knowledge, but someone knew and that is why the stock wasn't moving. So I am a little suspicious, but I am going to watch FIRE closely all week and see where it goes. Thanks again for your thoughts.