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


To: Mick who wrote (159)3/24/1998 1:59:00 PM
From: THOMAS GOODRICH  Read Replies (1) | Respond to of 210
 
You might as well just ride it down to the basement at this point. After all, it can't go below zero<g>! It appears investors focused on the aggregate loss rather than the resulting growth in revenue. According to The Future Superstock newsletter, Formulab Neuronetics was to be a bull-run candidate with no end in sight. As it appears, the newsletter may in actuality have done serious damage to the company. My immediate concern as an investor is will Formulab survive long enough to carry out it's mission. I am cautiously optimistic it will, but, time will tell. Will going-concern issues be raised in the interim?



To: Mick who wrote (159)3/24/1998 5:40:00 PM
From: Sky High  Read Replies (1) | Respond to of 210
 
I spoke with the company yesterday. They say they have absolutely no idea why the stock is falling so quickly and why the volume is as high as it is. Seems strange to me that they would not know this. The guys name is Brian Fox. He said they have been investigating for days to try and find out who is selling and why? They have talked to several brokerage houses and they don't know either. Have you been able to confirm that all this volume has been generated by Shaw?

I thought the press release was quite promising. Finally after years of dismal earnings they had a half decent period. Potentially will break even this year. This sounds great!!

I hope it turns around soon.