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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Tim85gt who wrote (540)11/11/1998 7:30:00 AM
From: Wayne Rumball  Respond to of 11130
 
Well was too late to get any FAIRC, probably just as well;

Looks like after Sept 30 they will have substantially no revenue. but expenses of about 4 million (based on Sept 1997 - March 31 1998 period)

They don't have the cash to make it to next season.

Nevertheless, there may be buying based on the earnings release that could give it a small pop.

Sorry to be the bearer of bad news.



To: Tim85gt who wrote (540)11/11/1998 11:55:00 AM
From: Wayne Rumball  Read Replies (1) | Respond to of 11130
 
Picked up GGNS at 15/16, looks like their new chip technology gaining some interest and support