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

To: incomep who wrote (48)	7/16/1998 4:25:00 PM
From: Prof	Read Replies (1) \| Respond to of 9677

Just curious as to why we don't get a quote on FSTW at the bottom of the page as I see on the other threads?

To: incomep who wrote (48)	7/16/1998 4:35:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 9677

Inc, with so little volume, I wouldn't exactly describe it as "selling pressure". It is kind of neat to be able to see my own minuscule trades on a daily chart though.<g> tscn.com Somebody gave me another 1000 shares around a quarter to two. Thought I might steal some more even lower, but never filled. Actually, this is getting to be a daily pattern - somebody gets tired of waiting in the middle of the day and dumps a couple thousand shares, then it recovers again. My guess is that not everyone is as patient as us and can't stand watching everything else flying higher, so they simply give up and run off to chase the high flyers. That's fine with me - we get to pick up more shares on the cheap and will be that much richer for our patience. I hope your stop loss isn't for too many shares or is a stop limit order. If you put a market stop on more than a couple thousand shares, Roger, Hank or I might steal them from you at $4. <VBG> Regards, Bob

To: incomep who wrote (48)	7/16/1998 4:43:00 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 9677

incomep, obvious someone was selling some shares today. I also bought some around $5 and will likely buy some more over the next few days. I am not aware of any pending news or negatives, but news from the company has been meager during the "quiet period" just before earnings release. I am very certain of the quality and the technology advance in the NetGain product having played with it a bit. What the world is waiting to see is evidence that FSTW will (or will not) be able to execute on the marketing front. I like their people and expect success, but the proof is in the doing. I would not advise using a stoploss order with FSTW. It is thinly traded and can make big short term moves on very low volume and then bounce back. The bid/ask spread may be large during moves. Thus you may get executed in a bad trade. I would NOT advise selling FSTW now, but everyone's situation is different and perhaps you have reasons not to hold. If you are considering a sale, I would suggest selling in small increments at your price rather than placing yourself at the mercy of the MM.

To: incomep who wrote (48)	7/16/1998 5:23:00 PM
From: McNabb Brothers	Read Replies (1) \| Respond to of 9677

incomep, FSTW is a long term holding for us and we are looking for much better thing with FSTW! I would not put a stop on a company that doesn't trade anymore than FSTW does, in fact I wouldn't put one on anything I owned! If you were selling your house would you tell a broker to put a stop loss on your selling price of your home? If you did I bet the broker would find a buddy of his to make the offering of your stop loss price and he would end up with it and the same can be said of stocks especially with thin floats! Hank

To: incomep who wrote (48)	7/17/1998 5:31:00 PM
From: King David	Read Replies (2) \| Respond to of 9677

IMHO, Inc, do your own homework. There is a lot of borderline $%^&*() exuberance around here and when shege is around blatant bearishness and sometimes insightful discussion. Personally, I did the SFE thing for a while. Made some money on SEBL, made some money on SCOP. Now, I want the company that will win (or be close to winning) the thin client SFE. I've had some money parked on FSTW and it has gone nowhere fast. But, hopefully we are all patient investors, because I think FSTW still has an advantage over SEBL/SCOP, et al in getting thin client SFE to market and making a splash. KD