Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: James Murray who wrote (357)	11/20/1997 1:45:00 PM
From: Rick Smith	Respond to of 802

James: I have no idea what to expect from the 2nd quarter. (ended 10/31/97) My only reliable info has been that their third quarter (ending 1/31/98) was when we were to see some great numbers posted, as the company delivers on a number of important contracts in earnest. One of their more important trade shows, Comnet in Washington DC, is around that time as well. We may see a number of releases from the company then as they set up to report that number. Madsen and Co. have been buying in anticipation of this quarter and are as suprised as we are at the current price. My understanding is that they are not concerned about the current price because they know what will be reported in a few more months. I just wish they'd have a little more compassion for the individual investors while we wait. Note to Madsen & Co.: please give the street some scoop to eleviate their fears for the time being while we wait. The 2nd quarter has not really been brought up by my source, as all of the excitement is over the third quarter. I'll certainly post anything I hear, but please remember that I'm using a source, who as reliable as they've been in the past, doesn't speak specifically for FSCX. Good Luck. Rick..

To: James Murray who wrote (357)	11/20/1997 2:38:00 PM
From: Paddy Mac	Read Replies (1) \| Respond to of 802

My two cents worth... I'm constantly amused if not amazed at the banter that goes on in these threads. Everybody has a right to their biases to be sure, but few ever back it up with any meaningful facts or verifiable information. Usually it's nothing more than rumor, innuendo, and good old fashioned spin-doctoring. Take our buddy Scope for example. He can't even put a sentence together without totally disgracing the English language. Hey Scopester, you might want to at least click the Spell Checker before you send your pathetic, useless drab that insults the rest of us that made it through the 8th grade. In the case of FSCX, this is a stock that's hard to get good info on as there is no legitimate analyst coverage that I am aware of and the company says very little. What I do know is that their FRAD technology has met the approval of some sizable players in the communications business and the insiders own 13% of the stock. Peter Madsen, the CEO, increased his stake by $310,000 as recently as late September. A total of 115,000 shares(At prices between $5-$7) have been purchased by the 4 top executives since last December. Madsen and two other Senior Executives - Bill Flanagan and Mark Rafferty, are networking veterans that came from Newbridge Networks. While this doesn't necessarily guarantee success, the fact that these guys are placing sizable bets with their own money tells me that patience will probably pay off, and maybe in a big way. I've had good success with small companies whose insiders were aggressive buyers. Keep in mind they only buy for one reason--to make money! P Mac