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

To: Thomas Kirwin who wrote (121)3/25/1998 1:32:00 PM
From: Alan Aronoff  Read Replies (1) | Respond to of 173
 
Well everything may be ok "in the real world" but FSCX, the stock , looks in deep trouble, at least short term. If it can't rally on a day like today, what about tomorrow? Bid has been below $2 two days in a row now, a bad omen. I've seen this before from FSCX, when it dipped below $4 the first time for instance.
Next stop maybe $1 1/2?



To: Thomas Kirwin who wrote (121)3/25/1998 2:17:00 PM
From: Craig Kaltner  Read Replies (1) | Respond to of 173
 
Any they committed to buy a specific dollar amount or quantity in those contracts?

Two years ago they signed the contract with Alcatel. It was estimated to be worth 70 mil. At this rate of 2 mil a qrt. it would take about 9 years. Contracts are great , but sales would be even better.


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