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


To: Suzzie who wrote (809)3/5/1998 9:17:00 PM
From: Rick Voteau  Read Replies (1) | Respond to of 1654
 
Every time

I have sold a stock for the wrong reason I have lost out.

I bought Best Buy at 15 and sold at 18 when it was on the way down. It went to $9. Wow what a good move. Not, as it went to $60 in a little over a year.

Almost same exact story with Energy Service company as I sold at $13. it went to $11 and then went to near $60 in ONE YEAR.

I bought Computer Horizons when ti took a DRAMATIC dip to
$15 3/4 from $the $40's. I sold at $35 only to see it go to an equivalent of $70+/

My point is that in each case where I panicked with a price drop I made a mistake. Forecross fundamentals haven't changed. Only the price has changed.

Maybe the fundamentals shoiuld have changed faster to the positive but good grief there is alot of GOOD news out there and the rumor about a couple of very big contracts will come true. They always do.

Also remember that there are three count em three distributorships that are gonna bring in big bucks or the principal wouldn't have paid $1 million each for them.

I don't have any more spare cash to add so I am holding. I remember very very well when it dropped from 9 to $3 3/4. Looks like the same type of thing. Forecross has proven technology and has a proven track record of working with the Big Boys. It's only a matter of time.