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Technology Stocks : Formulab Neuronetics Corp.(FNCLY)-Anyone following this CO -- Ignore unavailable to you. Want to Upgrade?


To: dead cat bounce who wrote (147)3/2/1998 8:35:00 PM
From: Darren  Respond to of 210
 
The Deal with Tandam was more than one year ago so it does not show up on the company news anymore. The deal was basically, Formulab gained access to the Tandam alliance (meaning that Tandam would push the use of Formulab products to there alliance partners) and in return Formulab would keep all of there future developments compatible with Tandam's products. Formulab also had similair licensing deals with engineering firms Siemens and Hughes Aircraft. All of these deals were in place prior to there NASDAQ listing. These deals were signed by these companies because they realized Formulab had huge potential. My broker (Perth West Australia) has had a demonstration from Formulab and he said it was rather impressive. Right now the stock is trading at very low levels with small volumes both on the ASX and the NASDAQ. Those who are panic selling now, will regret it in the future. If Netbase, Tandam, Hughes and Siemens thought Formulab had future potential, that is good enough for me. As for those who are giving negative comments about there software (Mindwizard), how did Netbase land two Pentagon deals using Formulab's software without the Pentagon not seeing through the smoke show. Give them some time to turn these deals into profits. If they ever release the neurocomputer this stock will go through the roof.