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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: Clam Clam who wrote ()3/30/2000 9:34:00 AM
From: Doren   of 3299
 
Lots of good news. Maybe some tech investors think 90-100 isn't good enough appreciation? If .coms continue to loose $, maybe they'll change their minds? AFCI sales should accelerate at a rapid pace, as systems are installed in these two big new customers. Sounds like they have found real acceptance for their products.

Advanced Fibre Communication (NAS:AFCI - Quote, Broker Reports) is the subject of three bullish broker reports in Today's Top Tech Picks report at CNET Investor. Robertson Stephens analyst, Paul Silverstein, reiterated his "buy" opinion on the stock, Lawrence Harris at Josephthal & Co. maintained his ""buy" opinion on Advanced Fibre Communication with a 12-month price target of $90 a share, and Lehman Brothers analyst, Steven Levy, reiterated his "buy" rating on the stock with a 12-month price target of $100.
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