SI
SI
discoversearch

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


To: DCully who wrote (760)1/14/1998 9:36:00 AM
From: Dennis Wayne Kost  Read Replies (2) | Respond to of 1654
 
Along these thoughts about "other business done by Forecross":
A visit by a friend of mine to SF headquarters saw mucho work in "other" projects. He was impressed with FRX migration business such as mentioned by Jurik. He said they had added a lot of towers and capacity for the work they have in Y2K and "other" migration projects. He felt they are positioned to be an viable earner in this migration industry well beyond Y2K.
I am waiting like all who are invested for the earnings reports but wouldn't be suprised if revenues are up more than earnings(precentage) due to the increased cost of doing this business. These investments in infrastructure now will pay off as we approach Y2K when the cost/line of conversion will rise.
As far as my thoughts on the price of the stock:10.75 to 12.40 recently I think this is Vancouver Market Makers dumping stock. They are probably in need of capital to invest in their future VSE stocks. Remember these VSE market makers are not speculating when they own the market in a stock. It is then that they are making income every day on the trading of the stock. If this speculation on my part is correct that means there is a lot of support at this level.
ASE announcement and institutional involvement should then be helpful.

NOTE!! These are my thoughts and spins on the FRX circumstances and should therefore be considered speculations only.
JUST MY THOUGHTS! Do your own homework!

D Kost