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


To: Richard Moore who wrote (846)4/7/1998 4:11:00 PM
From: jerry simons  Respond to of 1654
 
Was it solely your purpose to join SI today
and post your 1st(and thus far only) message
blasting Forecross? what is your interest??
are you a shareholder??



To: Richard Moore who wrote (846)4/7/1998 7:05:00 PM
From: bernie  Respond to of 1654
 
you have noted the emperor's clothes and will be reviled by those who close their eyes. People who do not get out of this deal in time will lose everything and the irony is that they get angry when you advert them to the obvious. C'est la vie.



To: Richard Moore who wrote (846)4/7/1998 8:34:00 PM
From: Rick Voteau  Read Replies (3) | Respond to of 1654
 
Richard, we must not be reading the same financials and it is clear you haven't followed this company for very long.

sec.gov

At this address you will find AUDITED financials with NO MENTION, I REPEAT, NO MENTION about Forecross not being an ongoing concern.

Where did you come from and where are you trying to go with this? Information is one thing, falsities is another.

Also, Forecross had audited Financials for three years so they can be eligible for AMEX or NASDAQ.

Market cap is low considering that their product is great, has been proven and will continue to sell.



To: Richard Moore who wrote (846)4/8/1998 9:15:00 AM
From: Steve Andrew  Read Replies (1) | Respond to of 1654
 
To Donnie, Richard and Bernie...

Clearly everyone has the undeniable right to short FRX if they want. I might even lend you my shares (I might then call them back on you later, without warning you). What is also clear here is that you fellas don't seem to understand the company or its business model. Yes, it has certainly struggled to this point and may well disappoint for another quarter. However, they are indeed a "ongoing" concern and no uninformed person's falsehood will show otherwise. Software co.'s accounting is rift with variables and FRX had to adhere to a more conservative form of revenue recognition inorder to set the stage for a US listing. The Y2k biz is most definitively headed towards automated solutions (A FRX niche) and the system analysis co.'s ,(EDS,Cyber,etc...) are teaming up nicely with FRX for the package solution. Granted FRX has been slow to report new contracts (not due to the lack of them...as they are getting the code test contracts...but due to the timing of a listing and the avoidance of rev. recognition problems..they are archly conservative.

My partner and I own a significant position in this security and remain very close to the management , the distributors, and the end user consumer of FRX product. It is obvious to us that the ramping up process is just starting and should show robust results very soon. You bears, (and I can certainly join your camp on other stocks) don't see the full picture here. Yes, the stock's mkt. cap is relatively high at present, however, it is reasonable given FRX's position in the Y2k industry. Try looking at the internet co.'s or the box makers for more severe mkt. cap overvaluations, or go ahead and short FRX. Be my guest, you'll only fuel my profits. I've done my homework here, have you? Past Q's and K's are useful, sure, but the market is a future price discovery model. Want to short this future.......step right up.

Steve