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

To: Richard Moore who wrote (890)	4/18/1998 10:15:00 PM
From: Rick Voteau	Respond to of 1654

Richard, could you please post a link to the Forecross finaincials that list the comment of the "ongoing concern." When I look at the financials from the site I posted earlier it is NOT THERE. You seem attimnate that it is there, how about posting it. As I read the NASDAQ rules Forecross meets them. I posted that out in an earlier post as well. Forecross has applied to both AMEX and NASDAQ. Distributors get 25% of the revenues, not 50%. If it is creative financing, so what. I don't understand why that is so concerning. Many Y2K compaies had to sell more stock , (REG S) or otherwise to capitalize before the contracts came in. Would EDS, and TRW sign up with Forecross if they weren't a going concern?. Would Forecross undertake a three year Audit if they weren't a going concern? I don't buy that a US institutional investor won't touch this one. They will touch anything that can make them money and a low float stock with a decent volatility will make them money, Consygen is a NSADAQ company that reminds me a little of Forecross. It has a low float and had difficulties with lack of sales until recently. It hit NASDAQ and will have contracts shortly as will Forecross. If Pat Ditmar is a person promoting a scam then he is the best anyone has seen. I have talked to him on and off for about three years and nearly everything he has touted about Forecross has come to pass. Timing is a little late on NASDAQ or AMEX but he can't legally talk about that and he doesn't. Most scam artists scam for a few months and move on. Not for several years. Again, what you say doesn't add up to my experience. If anyone is even considering buying Forecross on present financials then they absolutely should not buy it. If they are into safer investments then they absolutely should not buy it. If you believe that Y2K is moving at a very rapid pace to the conversion factories and that Forecross has a top notch software that has been used for large companies like Brown Brothers Harriman and Charles Schwaab, then you should buy it. The point about the receivabls being factored bothers me if it is true but only slightly. If you need cash until contracts come in then this is yet another way to get it. Where did the 24% interest rate come in? Again, it would be most helpful if you could post the link where you got the financials. Lastly, I really don't believe that Pat Ditmar is attracted to guys. I have talked to him several times and he never came across that way. I think your comment about him and the chairman really hurt your credibility.