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


To: Oeconomicus who wrote (7197)12/20/2002 9:51:36 AM
From: Mike M  Respond to of 9677
 
<<But remember, past performance is not an indicator of future performance. >>

Nor, indeed does it preclude future performance.

<<Here's the list of this year's winners and losers.

TOP 10

Firstwave Technologies (FSTW: news, chart, profile). The runaway best performer this year is a tech stock - but one on the rebound. Shares of the customer relationship management software developer doubled in one day after reporting a profit for the first quarter, reversing a year-ago loss and tripling profits sequentially. Revenue rose by 152 percent. In the second quarter, Firstwave had a profit vs. a loss a year ago, while revenue again soared, by 128 percent. For the year, Firstwave shares have risen by 1,080 percent to $12.16.



To: Oeconomicus who wrote (7197)12/20/2002 4:12:03 PM
From: Bob Trocchi  Read Replies (2) | Respond to of 9677
 
Bob...

I recently read a column in the Boston Globe from a "stock picker" and he consistently beats the market by shorting the 10 best performing Mass. stocks in the following year. It seems like this has been a winning strategy for the past 15 years. Hmmm.

This is not to say that all his picks go down, just the majority.

Lets hope that FSTW is one of the ones that will go up.

Bob T.