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Technology Stocks : Fastcomm (FSCX) Boom or Bust?!?! -- Ignore unavailable to you. Want to Upgrade?


To: Johnathan C. Doe who wrote (19)6/3/1998 11:40:00 AM
From: Bill  Respond to of 25
 
Unfortunately, I'm 2 for 2 on 40 cent predictions. I lost $ on Nuko, but not here.

Message 3952422



To: Johnathan C. Doe who wrote (19)6/3/1998 1:12:00 PM
From: starpopper  Read Replies (1) | Respond to of 25
 
I guess the answer to the threads question is a resounding BUST!!!

Bye bye Fastcomm, we barely new ya! I was fortunate to have gone 3 for 3 in trading this dog, most recently from $2.25-$3.5 in February, and I feel for those left holding this bag...shit, I almost made the mistake of jumping in again at $1 for a quick turn, but the writing was indeed on the wall for those willing to read between the lines.

I'm currently making a play on biotech CYTO, in at $.95, and this development in FSCX has shaken my confidence in stocks below $5...as soon as I get my pop of at least $.50 I'm outta there for good! Yea, yea, I know I'm sounding greedy, but check out the chart...there has to be a bounce...at least one bounce...PLEASE!:-)

If there are any of you searching for ways to make up your loss in FSCX, you might want to check out a few of my favorites...it's the least I can do for fellow threadsters!

CS- Cabletron, 4th largest networker in the country, fallen on hard times because management can't seem to get their act together. Institutions have increased holdings to over 53% recently, and the stock is trading at the lowest Price to ANYTHING Ratio in the industry! $1.3 Billion in revenue and a market cap of only $1.8 Billion! This chart is a must see! Now at $11.5, can move to $18 on no news, $25 on announcing a payroll and cost reduction plan, and would fetch north of $35 in a buyout!

MRVC- MRV Communications, a smaller networker and fibre optic company whose stock is trading at half it's growth rate! Triple digit earnings growth for the past few years, recently slowed to high double digits. Undervalued high growth companies are extremely rare!

RMBS- Rambus, Bandwith, bandwith, bandwith!!! This one is going to be huge...stock now $37, my average now is $41...this rocket is on a hair trigger release, and could lift off at any time before the end of the year (even in the midst of a correction!)! Look for somewhere north of $200 by 2000!!!

Well it's been fun, thanks for all the honest exchanges and we'll see you around other SI threads!

$weet Dream$

$tarpopper