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


To: Bob Trocchi who wrote (7858)2/4/2003 10:26:47 PM
From: Mike M  Read Replies (1) | Respond to of 9677
 
Very much agree Bob...

Moreover, I'm not very worried about the need to beat first quarter 2001. They either will or won't. At about 12 times last year's earnings the stock price is not predicting quarter over quarter blockbuster growth. I don't imagine that the stock is likely to get much below 10 if the market struggles, as long as next quarter's earnings are respectable. It would appear that that is already in the bag or soon will be.

Richard handled the meeting very well. He capably avoided making any earnings predictions while leaving the audience satisfied that he was on top of things...and things were going very well.