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

To: Mr. Forthright who wrote (955)	4/30/1998 11:14:00 PM
From: Ruyi	Read Replies (3) \| Respond to of 1654

Mr. Forthright aka David Stern? dba Vancouver floor trader?... this is for you and for the others who have responded to my previous correspondence. The Dow is up; Y2K stocks are down. Which Y2K stocks are on the Dow?? Virtually all Y2K stocks are down in the last 10 days. Are all Y2K stocks scams? This reminds me of internet stocks last year. During the last 3 days a few large buyers have been accumulating Forecross from many small sellers. Shortcovering??? Vancouver short sellers are largely floor traders trying to make a quick buck on a quick flip. What I hate is having my order to hit the offer held back 7 to 10 minutes repeatedly. I also hate the 7 day delay that Vancouver uses on reporting shorts. This allows the shorts to cover on the day before reporting period cut-off (the 15th and end of each month. For example: they cover on the 14th or before, then they start selling short on the 16th and cover before the end of the month. This is more akin to playing the box than it is to classic short selling. You never know how much stock has actually been shorted. They are only interested in crushing down the price to make their spread. They are world renown for destroying many up and coming companies by these questionable trading practices. Look at the number of special sales on Forecross. As to David Baines: What Vancouver stock or company hasn't he disparaged. One year ago Ballard Power was technically insolvent. I think I read this in Baines' column. Forecross = Ballard...you are right...there is no comparison. Ballard owner sold his stock last summer in the $45.00 range. Current owners just sold close to a million shares in the $165.00 range. Nobody at Forecross is selling! The last quarter's report, which is soon to be released, is already old news. Look how much new business has been generated in this quarter. With expansion costs out of the way, Y2K problem imploding for businesses, and SEC requirement to state company's preparedness and costs... nothing but blue sky ahead. Lastly, yesterday's Wall Street Journal published an article ("High Tech's Value Can be Elusive" by Bernard Wysocki Jr., San Francisco) on how companies have discovered their cutting edge computer systems are failing to meet expectations. These companies are now seeking ways to migrate large amounts of data. This problem is not even related to Y2K but a company like Forecross is very much in a position to assist these companies. This could be even bigger than Y2K. FYI: I am just a "little guy" trying to make a buck. So far Forecross has been good to me. I've been into it for 2 years. I bought it at $3, I bought it at $12, bought it at $22....hope to sell it at $80.