Sharing Knowledge in Smallcaps

[timhyma]

Posted this on 5 DEC in the yahoo BTS.

Any thoughts on FIRE at .75?
FirePond Inc. creates intelligent selling and online customer service software that helps companies to improve ROI by solving the most difficult aspects of customer acquisition and retention. Firepond's SalesPerformer and eServicePerfomer products leverage intelligence engines and automation technology to significantly shorten sales cycles, create greater revenue per channel and per rep., ensure accurate sales orders, develop complex proposals in hours, maximize price optimization, improve contact center productivity, reduced service times, and lower CSR turnover. Headquartered in Waltham, Massachusetts, Firepond supplies solutions for more than 100 diverse companies including ABB, AT&T Wireless, Compaq, Continental Airlines, Empire Blue Cross Blue Shield, Ford Europe, Freightliner, Hitachi, Honda of Japan, John Deere, KLA-Tencor, NEC International, Renault, Ricoh Europe, Sikorsky Aircraft and Virgin Mobile.

Book Value (mrq*) $1.55
Total Cash (mrq) $44.3M
Shares Outstanding 38.8M
Float 14.0M
Support Price (5day): $0.720
Support Price (20day): $0.710
Support Price (50day): $0.410
Support Price (100day): $0.410

Resistance Price (5day): $0.960
Resistance Price (20day): $0.980
Resistance Price (50day): $0.980
Resistance Price (100day): $1.000
Zacks average brokerage recommendation is Hold
Two or more executives, directors or major shareholders purchased a large number of shares recently. Very positive
One or more analysts has significantly increased quarterly earnings estimates for FIRE. Positive
Shares are neither being accumulated heavily nor sold heavily by financial institutions. Neutral for a small company like FIRE
The StockScouter measure of relative price change and consistency is high. Positive

The consenous was to try to buy uner .70, then look at a top aroung $1. Missed the bottom and did not buy. Closed 7 DEC 01 at .84, breaking the resistance of .83. Next resistance will be .98.
Coulda been a next 30% gain