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


To: J.D.R. who wrote (1039)5/27/1998 4:05:00 PM
From: Ruyi  Respond to of 1654
 
JDR: I suggest you thoroughly read FRX SEC fillings particularly disclosure of proprietary tech..As well, on going concern wording is standard in such applications, look at internet or biotech filings.Due to y2k problem even some Fortune 500 companies may be required to issue same wording on their next year end reports.Suggest some of your musings appear to look that you may have some inside track, if you can fear monger why can't others express their optimism. Is this not a forum for an exchange of ideas and a little conjecture? Calls to several teaming partners have all been positive about FRX.Could you name some of their competitors, I can't but wonder what YOUR motives are? Have a look at Zitel if you need a cause or have you shorted it .



To: J.D.R. who wrote (1039)5/27/1998 4:59:00 PM
From: Steve Andrew  Read Replies (1) | Respond to of 1654
 
JDR.....

What is blatantly obvious is your biased, near-sighted, and poor analytical skills. You are quick to take a swipe at the bull's case without providing any substantive support for your diatribe. If your analysis of the FRX situation is anywhere near your brilliance in Arakis Energy, then we all have much to look forward to.
Let me remind you that Rick's post of the inference of future listing timing for FRX stock on the US market is strictly discernable from any history of the listing process combined with FRX's PUBLIC filings. As for the potential of FRX Y2k business, again you have no clue of the magnitude of the problem. Let me make it perfectly clear for you......FRX is teamed with at least 2 of the LARGEST Y2k solution businesses in the WORLD, and is considered to have one of the MOST RELIABLE and SPEEDY factory code solutions products known to the ENTIRE information technology world. I won't enter into any speculative argument over the ultimate dimensions of any future contracts, other than to state that the factory automated code solution package is the superior to any other answer at present and will definitively result in significant FRX code contracts. Profits at the margin in the automated solution world are real and quite generous as fewer outside software-versed laborers are necessary.
Addressing your other, highly irresponsible, musings about the present FRX financial condition.....you clearly do not understand the operating basis of software-driven technology businesses. No question FRX is operating , at present, at a loss and can "technically" be considered to be insolvent, however nearly all software-driven concerns begin as loss-leaders and operate as cash-negative entities until their product ramps up sales. In the FRX case the 84 month window is quite longer, (due to the increase in platform and software migration business) and will likely extend the Y2k biz beyond 2000 as companies scramble to repair existing sub-par, and internally created compliancy problems. I am familar enough with other substantial stockholders of FRX to assure you, and your pitiful bearish breathren, that should FRX need any infusion of capital/cash inorder to remain viable...they will have little problem getting it. At present, all the fuss over their factoring and officer-lending is just that as the FRX insiders are attempting to avoid any dilutive steps that might cheapen their individual equity stakes. I believe that this step being taken is actually a net positive and reminds me that management is absolutely committed to seeing this business succeed.
Finally, no one is paying me to promote this stock or any other stock and the only lies being put on the internet are those of yours and your breathren...in an outright attempt to pressure the stock lower for the benefit of the short-sellers. Please cry to the SEC.....and be sure to cc me your letter. They will laugh at it and dismiss it as another silly north-of-the-border manipulator attempt to drive a security for personal gain......a WELL-DOCUMENTED VSE-STYLE bear raid.
Go back to Arakis and other natural resource promotes where you can snooker the uneducated.



To: J.D.R. who wrote (1039)5/27/1998 10:05:00 PM
From: Rick Voteau  Respond to of 1654
 
I would welcome a discussion with the SEC as I have never talked to them before. Wonder what they are like?

If you bother to read my note carefully, and I know from your postings that you do not read carefully, you will see that I prefaced ity with the words "a possible scenario." In the English language to which I have grown up with, this implies only that it is possible.

I have no inside information and don't present myself to have any. I only summarize what is our in the public domain. ITS ALL THERE!

My long note a while back was basically a summary from the Forecross home page. Have you read it.

I read the GM news and they announced the $500 million Y2K fix. I didn't get that from Forecross nor did I make it up. EDS represents GM. That is common knowledge. I b;leieve the margins will be 80+% on al large contract because most of the costs ARE FIXED. With the latest Forecross capacity benchmarking announcement I believe the only variable cost is electricity. In my "possible scenario" this means a high margin. How can the margin be low?

My last sentence referenced why I feel the listing would come soon. They applied in January which again was PUBLIC KNOWLEDGE. It usually only takes 3 or 4 months. Let's count together

February = 1
March = 2
April = 3
May = 4

Because I have learned how to count I was able to make that statement and again stand by it.

As far as contracts in the near future. EDS, BDM and Ciber thoroughly analyzed the Forecross toolset and chose it I presume over others as I have not seen other announcements from any other companies. I find it extremely hard to believe that these companies would choose Forecross if they didn't intend to use them so I believe that a contract will come soon.

Again, I welcome any discussion with the SEC and would regard it as an opportunity to surface those individuals that are spreading false information like u=bankruptcy, not an ongoing concern, will be out of business in June, etc., etc., etc., .

I still honestly believe we will see $100/share with Forecross. So far I have been wrong (short term). We'll know in a year. I can wait that long. Can you?