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

To: Fred who wrote (132)3/25/1998 8:25:00 PM
From: retireddvm  Respond to of 173
 
InsiderTrader has just changed the recommendation on FSCX. The
future does not look pretty according to them. Recommended buy
at 4.75, they now expect to sell at a big loss. See the site at
insidertrader.com



To: Fred who wrote (132)3/26/1998 10:01:00 AM
From: Bill  Read Replies (1) | Respond to of 173
 
This has become a stock for traders, not investors. Especially for those that bought high and are trying to get out with minimal damage. The fundamentals are bad and the technology is not worth much (otherwise the company would be an acquisition candidate).

IMO, your strategy of buying again at $1 makes sense if you plan to trade in and out to minimize your hit. But falling in love with this stock long term is financial suicide, IMO.

Good luck,
Bill


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