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


To: Mike M who wrote (7933)2/11/2003 11:23:46 AM
From: TEDennis  Read Replies (1) | Respond to of 9677
 
I finally had some time to listen to the Conference Call replay. I jotted down a bunch of notes that I'll share when I have the time to put some comments together so that somebody other than me can make sense of the notes.

In the meantime, does anybody have any comments on the situation with analyst coverage? RTB said he wouldn't give guidance when no analysts cover the company. Something about how he wouldn't risk the company being sued. I don't understand what difference it makes with regards to lawsuits whether you have analyst coverage or not. Anybody else have a clue what he meant by that?

I sure hope he wasn't trying to "blackmail" analysts into taking an interest in the company. That would be tantamount to kissing any chance of coverage goodbye. One of the callers stated that there were funds that were very interested in what the future might bring, but RTB rained on his parade. What the heck was that all about? Was there some latent dislike of the caller, or is the whole issue of analyst coverage a sore spot at HQ? If so, why?

TED



To: Mike M who wrote (7933)2/11/2003 1:35:18 PM
From: TEDennis  Read Replies (1) | Respond to of 9677
 
Hmmm ... looks like the "rally" stalled. Got as high as $10.99 before it died out. Back to mid 10's now. Quite a spread today ... a trader's paradise. 9.35 to 10.99. Wheee !!

Maybe I'll put in a below 10 bid and see what happens.