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Technology Stocks : FASTCOMM (FSCX)...UP, UP, & AWAY!!! -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (88)	3/19/1998 2:00:00 AM
From: starpopper	Read Replies (2) \| Respond to of 173

WOW...These numbers really stink!!! I've made $$$ in trading FSCX twice in the past year, but these numbers are the straw that broke the camel's back! Fortunately I don't currently have a position; however I managed a nice 47% gain last month (in@2.25 out@3.5) and have been thinking of trying it again. After working these numbers into an overall reassessment of Fastcomms prospects, I have developed an eerie feeling that it is too late for Madsen and crew to turn this ship around. In fact, we struck the iceberg a few months ago, have been taking on water ever since, and are now out of lifeboats!!! Actually, I'm rather embarrassed to have re-titled our thread "up, up, & away", because this ship is on the way to the bottom! Let these numbers sink in...percentage change from previous year items are all going in the WRONG direction!!! Items DOWN from previous year: Revenues -9.4% Cash -41.2% Acct Rec. -41.7% Tot.Assets -18.3% Items UP from previous year: Cost of Sales +18.4% SG&A +67.5% Net loss +709% Inventory +18.3% Accts. Pay. +26% Debentures +40% Tot. Liabs. +39% I think I can find better uses for my hard earned money even in this high to overpriced market! For those willing to stay with this DOG please remember that even at a low $2.5 per share, it is still possible to lose 100% of your investment!!! Hey, I'm a risk taker also, but the risk/reward ratio on this puppy is way out of whack and it might now be wise to be prudent!!! $weet Dream$ $tarpopper

To: Bill who wrote (88)	3/19/1998 9:14:00 AM
From: Rick Smith	Read Replies (1) \| Respond to of 173

Bill: I agree that we may not see much here short term, but... At this price, I doubt the capital committed could be placed anywhere with the same potential, and with the limited amount of risk we currently have. I'm in a number of other issues that are doing quite well. IMNT, JLG, PAIR (day trading only, although they've just gotten a large commitment from Rockwell that could turn me into an investor) My cost basis in FSCX was 6. Over the past two months I've gotten it down to around 3. It won't take much to get FSCX moving, and if we are to believe what we're hearing regarding orders and contracts, then there is a very real possibility that it will see double digits again. Good Luck. R..