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

To: Shege Dambanza who wrote (1062)	4/26/1999 4:22:00 PM
From: James Unterburger	Read Replies (1) \| Respond to of 9677

That's excellent, Shege. Let's see Roger squirm his way out of that. We commoners are screwed.

To: Shege Dambanza who wrote (1062)	4/26/1999 7:45:00 PM
From: McNabb Brothers	Read Replies (2) \| Respond to of 9677

Shege, Congrates to you for being right about FSTW. Even though I wish you had been wrong in the past, one can not dispute your predictions in the past. One thing about being right for so long and about so many things, usually the streak will come to an end. I'm hoping tomorrow will be the end for your correct calls in the past, when FSTW releases their quarterly financials. My honest opinion though, I believe tomorrows announcements will not show a great improvement if any at all, for the stock sure is not telling us that good news is coming as of yet. If they do not make things happen in the next 6 months then I will give up and will be the first to admit that not only have you been right in the past, but will be right about their product Netgain as being a flop. They are suppose to have the sales force now, so what more do they need if Netgain is so great? Hank

To: Shege Dambanza who wrote (1062)	4/26/1999 10:45:00 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 9677

BTW, does FSTW really need a Senior VP of Professional Services? Is he going to have a staff of junior VPs running around? Sounds like a bureaucracy to me. Actually, if memory serves, this would make them one senior exec leaner than a year ago (even after adding Dever and bringing back Richard). Also, I think you are really reaching for things to criticize when you complain that his title implies a bureaucracy (though I realize you may have been less than totally serious on that point). The only potential meaning I would read into it is that, in light of his financial commitment AND IF he succeeds, he would likely be first in line for CEO if/when Richard decides to step aside again. Of course, that's pure speculation on my part, but in his shoes I'd have asked for a "Sr." in my title too. BTW, nice calculations, but if he doesn't do his job well, preferred holders will likely be screwed too. Should the company fail in fairly short order and the preferred holders get paid out leaving nothing for the common, we'd get to have a good, old fashioned shareholder suit. There would certainly be plenty to argue about (first being how the company could fail while still having money to pay out the preferred), making it much less likely the preferred holders would walk with very much. Do you really think that any rational, reasonably intelligent business person would put their hard earned money into a company they didn't believe in simply because they'd get paid out first if it fails? If so, I've got some Brooklyn Bridge Preferred Series A you might be interested in. Shege, as nearly everyone here seems so eager to point out, you were right in your bearishness when others of us where buying at 2-3 times the current price. Yes, the company has failed, so far, to execute. Now, though, your historically correct call seems to be going to your head. These latest jabs (they hardly qualify as serious criticism) are a reach at best. Are you just hanging out now to hear everyone sing your praises? Post a comment, any comment, don't bother to think it through. When someone calls you on it, Hank and others will remind them how right you were last year... as if that makes today's criticism any more valid. With all due... Bob