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Technology Stocks : Firstwave Technologies, Inc. (FSTW) -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (1112)6/4/1998 9:52:00 AM
From: Oeconomicus  Read Replies (1) | Respond to of 1205
 
Good points Roger. Aaah, unloved and undercovered companies with good management. Expectations are not just low (the only analyst shown on Zack's has it as a hold), there are no expectations. This stock is on no one's radar screen (except, of course, for those watching and posting here). Obviously, those long now are betting on management and the products in development. If our faith is well founded, it's only a matter of time before it gets within range and those radar blips get noticed. My guess is continued low volume with a slow uptrend until the revenues from new products start showing up in the quarterlies. Only then will analysts be able to gauge to real potential and only then, IMO, will volume and price surge. Until then, patience and an occasional 1000 shares.

Regards,
Bob



To: Roger A. Babb who wrote (1112)6/4/1998 10:36:00 AM
From: sergio  Read Replies (1) | Respond to of 1205
 
Roger,
Your favorite CTXS have someone put on large June call spread;
at least 3200 on June 40's and 2000 on Jun 45's for 4 1/4 difference?
These are deep in the money.
This is just an fyi to Roger.

Sergio



To: Roger A. Babb who wrote (1112)6/4/1998 10:54:00 PM
From: Mike M  Read Replies (1) | Respond to of 1205
 
<<Michelle, the trading volume on FSTW is low because it is not being played by the day traders.>>

Moreover, few if any penny stocks (under $5-6) are getting much attention these days....A symptom of a three year trend where only large caps and a few "manias" are doing much of anything.

It will take real revenue/earnings growth (and not just a great story) to get a micro cap moving. Just a sign of the times. A lot of Sheges -skeptics- out there!

Mike