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 : Forecross Corporation : Y/2000 -- Ignore unavailable to you. Want to Upgrade?

To: Mark Jurik who wrote (1587)	5/8/1999 12:23:00 PM
From: Rick Voteau	Read Replies (1) \| Respond to of 1654

Let's take another guesstimate Lets' say (using your $.10/line of code estimate and $.16 per common share gross revenue) that $.10 goes to the bottom line. Let's say that the other contracts allow them to break even. This would mean that we are at 6 times earnings. This is an assumption and only that. By the way, as you know my momentum play theory hit a big snag on Friday afternoon. It still over doubled for the week which if you bought the previous week isn't bad. If you've been a long term holder, we are still at a very low level. It seems from your posts that you believe that Forecross won't do well. I think this is just the tip of the iceberg. Time is running out and it depends on what you think the currect state of Y2K readiness is. I think many companies are still behind and we will start seeing more panic soon. Do you think the Y2K issue is for the most part resolved?