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Technology Stocks : Advanced Fibre (AFCI) ** IPO
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To: Andre Daedone who wrote (2748)10/17/1999 1:58:00 AM
From: SilasSan  Read Replies (1) of 3299
 
Wolfgang, et al. Nervous Silas here.

Sold some at 22 1/4 but couldn't part with it all. I like this stock. It has all the ingredients of a Wall Street darling. Nonetheless, I've gone to 50% cash thinking that if the market takes a dump I can get out with most of my body parts by playing a bounce (beaucoup assumptions here).

Good call on the short term technicals, Wolfy. I hope you made some bucks. However, if the game remains the same through next quarter and earnings look good I expect to see a run to 31 .. 35 before Babylon falls. (I must re-do my TA before I sink some more into this one.) If the U.S. market peters out early next year and AFCI doesn't pan out to be CSCO North then I expect this one to be a good short from the peak to 19 .. 20 (but then I'm not a short kinda guy -- you would know better, Wolfy).

Regards, Silas
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