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


To: TEDennis who wrote (7852)2/4/2003 7:52:01 PM
From: TEDennis  Read Replies (3) | Respond to of 9677
 
PRICE: FSTW closed on 02/04/2003 at $15.22 per share.

VALUE: FSTW has a Value of $30.04 per share.

vectorvest.com



To: TEDennis who wrote (7852)2/4/2003 8:56:26 PM
From: Mike M  Respond to of 9677
 
<<They hired 10 more folks to do the knowledge transfer of the new product to FSTW from Extreme Logic (or Extreme Networks if you're a broker with no clue as to what the company does or what firms it might form an alliance with). >>

Well, I may have missed something there but I thought the run down suggested only 6 hired to do the knowledge transfer... I thought the 10 may have included the COO an executive assistant or two etc...



To: TEDennis who wrote (7852)2/4/2003 9:00:59 PM
From: Bob Trocchi  Read Replies (1) | Respond to of 9677
 
TED...

First I did not make a prediction on their earnings so you did not miss it. My knowledge of such a small company, in which one or two contracts can change the outcome significantly, would make anything I predict just a guess. Nonetheless, congrats to Bob B.

Regarding the CC, I must say that I felt Richard B. did a really good job especially answering questions. Unlike the joker at Zitel of Y2K fame with the "contract on my desk" fame, Richard did not duck any questions and seemed to speak with great in-depth knowledge of what the heck he wanted to do with the company.

I cannot quote any specific part without going back and listening to the CC again and I am not inclined to do that.

He is either a born salesman and can sell ice cubes to Eskimos or he knows what he is talking about or maybe both which is the best of both worlds. It felt like he had a strategy, was following it, was being conservative where needed, making investments in pilots where it fits his strategy and having realizable expectations.

He did avoid making financial projections or giving guidance. He did however explain why. In today's environment I think that is wise.

So for what it is worth, I came away feeling positive at least for the time being.

Cheers

Bob T.



To: TEDennis who wrote (7852)2/4/2003 11:03:28 PM
From: Mike M  Read Replies (2) | Respond to of 9677
 
One of your old friends "Genral Bucky" may be a bit of a elitist but he has a fairly decent take on the CC:

messages.yahoo.com

Obviously you won't share his optimism but the take is reasonably consistent with what I heard.