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


To: McNabb Brothers who wrote (373)10/7/1998 7:32:00 PM
From: snail  Read Replies (2) | Respond to of 9677
 
What scares me is the possibility of a negative earnings surprise. I also have a sizable, for me, position in this stock after averaging down from 5. If this stock looks like this now, what will happen if earnings are disappointing? I am seriously considering selling before the press release. The problem is, with the thin volume here, even my few shares(less than 5K) might push it even lower. Any thoughts? I sure would like to have seen some PRs announcing, hinting or otherwise indicating revenue possibilities.

I have been considering IFCI as a replacement for FSTW. Does anybody else hold any?



To: McNabb Brothers who wrote (373)10/7/1998 9:17:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 9677
 
Hank, looks like even my long picks are better as shorts!! I am convinced that NetGain is a good product, but that is not enough for success in this market. The "good product" must be converted into increasing revenues or a buyout for investors to profit. I could not resist buying a few more cheap shares with some of my shorting profits today, but limited myself to just a few.