FastComm Communications -- The FRAD King

STOCKTALK

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Technology Stocks
FastComm Communications -- The FRAD King

An SI Board Since November 1996

Posts	SubjectMarks	Bans	Symbol
30	0	0	FSCX

Emcee: Marco Polo	Type: Unmoderated

Introduction Market Data Compact

The story has changed with this stock, so I felt it time to start a new thread for her.

This company has excellent management that has been around for a couple of years, but now also has new top marketers including Edythe Verbesky (who was #1 at Newbridge Networks), new regional offices in the Pacific Basin, and new distribution deals.

Moreover, the market capitalization is currently under $100 million!

And best of all, the stock got hammered in October. Smith Barney unloaded a lot of stock for the tax-loss, and the momentum short-sellers have no doubt jumped on after seeing the chart.

My guess is that these short-sellers have no idea what the company is about, and are just following the momentum. This smells like the perfect "short squeeze" -- in other words, they'll have to buy and cover their asses when the stock bounces.

But the main thing we have to look at here for a long-term investment is that the frame relay market in general, and the FRAD market in particular, is growing by leaps and bounds, every minute of every day.

FastComm is the second-biggest FRAD company and the fastest-growing. Recently it was announced that year-over-year market share increased from 16% to 18%. Their products are the most cost-effective.

Basically, hyping this stock or hyping it down is okay, just please back up your hype with real fact. The more we can learn about this company, the better we can evaluate it as an investment.

Disclaimer: As of tomorrow, I will own 1,100 shares of this stock.

Happy investing!

~Ben

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
30	Larry Click on this newspage.com	Barbara Barry	-	11/7/1996
29	A better short would be Intuit with a minimum of 1000 shares.	Steven Sage	-	11/7/1996
28	Well, I'd had my money in a mutual fund for a few months, but the experienc	Marco Polo	-	11/7/1996
27	Well, you have more experience than I have. Of course, has the experience been	Steven Sage	-	11/6/1996
26	Barbara: Thanks for the post. I tried to connect to Newpage.com and www.newpa	Larry Helfman	-	11/6/1996
25	"Start out"? I've been investing in stocks long and short for ma	Marco Polo	-	11/6/1996
24	I took a look at your model portfolio Ben, and I will have to tell you; I would	Steven Sage	-	11/6/1996
23	Um, $24 commission + whatever I lost in the stock...I use e Broker (they're	Marco Polo	-	11/6/1996
22	Ben, how much did you lose selling your FSCX including commissions?	Steven Sage	-	11/6/1996
21	I don't know much about Comvest or its analysts. I agree with you that thi	James Murray	-	11/6/1996
20	Update... Tim Levey at ComVest has lowered 2Q ests. to .03. Yet he still rates	Barbara Barry	-	11/6/1996
19	What do you mean where is Madsen? The quarter is close to being closed if not	James Murray	-	11/6/1996
18	.................where is Madsen? .................quarter closed? ............	rita labella	-	11/6/1996
17	O.K I finally took a look at what this company does and their products. They	Dan Ross	-	11/6/1996
16	Mike, you have to go to the FastComm web page and read the press releases. You	Steven Sage	-	11/5/1996
15	When Fastcomm announced earlier this year that they had an ADSL compatible FRAD	Mike Iannamico	-	11/4/1996
14	Mike, was that review on a price-effective basis or absolute basis? I see revi	Marco Polo	-	11/4/1996
13	Someone bought 4,800 shares right before the bell Monday. Geez! And I thought	Marco Polo	-	11/4/1996
12	I would be happy with something in the $13-$16 range. The actual numbers aren&	Marco Polo	-	11/4/1996
11	Ben, I target an 18 price by next April.	Steven Sage	-	11/4/1996
10	What might also be happening is that money moved into ACTNet which has just run	Steven Sage	-	11/4/1996
9	By April '97, the P/E is projected to be around 22 or so and 11.5 by '9	Steven Sage	-	11/4/1996
8	Mike, FastComm never moved up based on ADSL anything; the last move started at	Steven Sage	-	11/4/1996
7	There could easily be a runup, but not because of short selling. Do you really	Mike Iannamico	-	11/4/1996
6	Does it have anything to do with the competition from ATM?	(no name provided)	-	11/4/1996

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