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On Fri, 9 Jan 1998, JW wrote:
> Forecross may or may not double but there are an awful lot of these companies offering
> Y2K automatic fix-up programs and factory services (both public & private). CA (Computer
> Associates) just announced a program called CA-Fix 2000 2 days ago that has some positive
> testimonials from name companies
> (http://www.cai.com/press/98jan/press_launch_fix2000.htm).
>
> JW
> abprosys@xxxxxxx
Is this the Forecross that is traded on the Vancouer Stock Exchange (and
Nasdaq, I presume)? The last time I check the stock price for this
company it was trading at astronomical levels (near $30). That caught my
attention because very few companies on the Vancouver Stock Exchange trade
at that level unless it's heavily over-promoted or some stock
manipulations are taking place. To me, it was a good short candidate --
it was more like a concept stock (no earnings, very little (if any)
revenue,
good story) and you know what eventually happen to "concept" stocks.
Anyways, now the stock trades at a more "reasonable" $12 range but I think
it's going lower.
I've stopped following the stock so I don't know if the story got better.
Quoc Nien La
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