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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: ehasfjord who wrote (3277)2/20/2003 11:02:48 PM
From: chojiro  Read Replies (1) of 3299
 
Damn, can I call them - see prior message.

Careful with that axe, Eugene!
Broke below your 50MA today
And resting just above the 200 day.

As I said before, I love the chart + all of the above.
Take Care, and, yes I do own AFC



and as I said, it might be good for a couple bucks pop
You got a buck and change.
Further
For all the reasons I outlined
I believe it is a better sell right now than a buy.
I'm sorry you are still long.
I'll be taking out a short position here tomorrow or monday.
I'll short some more if it approaches 18.
cover if I have to if it breaks above $20.
Target will be $13 or lower if it breaks below $15 1/2.
Bottom line is it is still grossly overvalued
On a failing sector.

Good luck!
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