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Technology Stocks : Forecross Corporation : Y/2000 -- Ignore unavailable to you. Want to Upgrade?


To: Suzzie who wrote (724)11/15/1997 9:20:00 PM
From: Rick Voteau  Read Replies (1) | Respond to of 1654
 
Talked to pat Jones Yesterday:

Yes, expect some announcements soon. Another major teaming agreement (similar to EDS) as well as a teaming agreement with an OEM.

She wouldn't comment on earnings but did say that they acrue on a percent completion method and they did complete some of the Brown brothers Harriman contract among others.

Auditors are still auditing. What I find is good news is that they won't restate the distributorship revenues meaning they will be amortized over 2 years. This will form an earnings base with which to build upon (IMHO).

The bad news is that the other day my $12 order was not filled when I thought it was. The good news is that I added yesterday at $11.5. The bad news is that it was the high for the day. I think anywhere in here is a steal. I sold Alyd when it was at $20 and bought Forecross. I now literally have no cash left so I am tapped out on Forecross. I have put my money where my mouth is.

Keep in mind that the entire downturn has occured on very low volume. Watch for volume and then price rises.