Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : First Virtual Corporation (FVCX) -- Ignore unavailable to you. Want to Upgrade?

To: TomT who wrote (64)	4/3/1999 2:00:00 PM
From: Kaliico	Read Replies (2) \| Respond to of 323

FVCX is a recent IPO insider selling is par for the course for most IPO's. Go check any other stock after their IPO in any industry , BCST YHOO AMZN RNWK NETG TFSM GCTY...ALL insiders, key investors, trusts sell what appear to be large blocks of stock. Why? Because it just makes sense when most of these insiders payed less than $1 a share IMHO. For that matter check any company list, 95% show mostly selling. Your post refers to some key players selling their holdings, IMHO with new management shift, this type of selling again is normal (i have seen it many times) with house cleaning. I suspect the players you suggest are out. Granted, it may not be time to get into FVCX for immediate returns, must look at long term picture. FVCX is very well positioned LT> TomT, are you short this stock? I have small LT position. Regards, MJY

To: TomT who wrote (64)	4/3/1999 6:34:00 PM
From: WallStreetTips	Read Replies (1) \| Respond to of 323

FVCX >>> CEO - Mr. Ralph Ungermann has not sold a single share As long as the chief or the main key person (CEO) has not sold any shares in the last six months I fell comfortable. Look at YHOO or MSFT or any other stock. All insiders sell very often still their stock prices keep going higher and higher. MSFT's Bill Gates on average sells 500000 shares a day of MSFT still the stock keeps going up. We have to understand that these insiders get options to buy shares at very low price compared to market price so they are going to sell at every selling window they get in open market so that they can buy may be even more shares at lower price by exercising their rights to get stocks under employee stock purchase plan. Insider selling in high tech companies is not unusual. Go check any high tech ot internet stock and you will find it the insiders have dumped heavily. FVCX is a professionally managed company and has established leadership in NGI. Companieslike British Telecom, IBM, Lucent Technologies, NEC, Nortel, EDS etc doesn't just go to any company to do business. FVCX has solid revenues and has been reporting higher revenues every quarter and is one of the handful internet companies that makes profits. FVCX is committed to increase shareholder value as could be seen from its website which keeps posting everything that could help boost its shareholdervalue. FVCX CEO has expressed his views that the market for its products appears to be demanding in coming months and FVCX is all set to take advantage of the exploding opportunities. I used to own ITVU a year ago when it was just $15 and look at where it is today. Truly I feel that FVCX should be at $60 and ITVU should be no higher than $30. FVCX is a Hambrecht and Quist followed stock so any upgrades they make could see sharp increase in stock price too. I like their balance sheet and am fully convinced that FVCX is a "Sreaming Buy"of "Streaming Video over the Internet" sector. Just my views.