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Technology Stocks : Fastcomm FSCX (6 1/8), base now complete. Big Upside. -- Ignore unavailable to you. Want to Upgrade?

To: iceburg who wrote (306)	10/30/1997 8:53:00 AM
From: Rick Smith	Read Replies (2) \| Respond to of 802

Steve: Good Morning. Phil K. stopped in as well. Seems like we're all together again. In regards to FSCX's financial trouble, the answer that I have been given is very sort and to the point. NONE! By doing the private placement of their stock several months ago through some derivative arangement, that increased their shares outstanding by about 10%, they have been in a good cash position. With everything that I hear, they should have a decent current quarter with the big quarter comong next. All of the contracts and deals that have been done apparently really start to impact the bottom line starting then. I would expect as the word filters down through the micro cap analysts and institutional players, we will see FSCX begin to move but with a major change from '96 when it hit 20 1/2. The technology of frame relay has come into it's own. And FSCX has developed the best, most globally compatible FRAD on the market. They finally have a sales team that has considerable experience and contacts in the industry. And with the recent approval of Intermedia and MCI/British Telecom for use of their FRAD's, this company is finally poised to make some very serious money. Good Luck. Rick..