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

To: Buddy M who wrote (188)	8/13/1998 10:38:00 PM
From: Roger A. Babb	Read Replies (2) \| Respond to of 9677

Buddy, I had the same thoughts as I read both the earnings press release and the 10q. It is obvious that management is being very conservative with their statements. I guess we can take that either of thee ways: 1. They are trying to not build expectations too early so that good news will come as a surprise and make a big splash. 2. They are just very conservative in what they say. 3. Things are not going as well as expected. My opinion is that #2 is the correct answer. My impression is that management is concentrating efforts on launching NetGain and will wait and let the results speak for themselves rather than making any forward looking claims. The 42 UK hires came with the UK acquisition. The expenses of the UK acquisition were a one time event and it is likely that the acquisition will be profitable before year end. I don't think the revenue from ICR, Wyse, and Honeywell has been recognized yet as of the 10q.

To: Buddy M who wrote (188)	8/14/1998 9:51:00 AM
From: McNabb Brothers	Read Replies (1) \| Respond to of 9677

Buddy and Roger, I'm a firm believer in a company taking care of business instead of a company (trying) to take care of their stock price! If management takes care of the business then they should not have to worry about the stock price, for it will take care of it's self! Notice I said a company taking care of it's business, but trying to take care of their stock price, for a company can only hype so much before the fundamentals catch up to it! An example of what I'm talking about is what happened at a Wal*mart company meeting right after the stock market crashed in October of 87! Management spent about 5 minutes on the crash that just happened, and then spent the next few hours talking about how they could improve sales at their stores and what was working at stores and what was not! History shows what has happened since! I make a motion that FSTW take care of business, and management and the shareholders will benefit much more then if they try and take care of the shareholders day to day with trying to hype the stock price! Hank