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Technology Stocks : ADFLEX SOLUTIONS ( AFLX )

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To: Amir Desai who wrote (169)11/19/1997 7:30:00 PM
From: Asymmetric  Read Replies (2) of 718
 
Amir, Great Post, Thanks for Sharing Notes.

Your post has made me feel a lot more comfortable
with my purchase today, late afternoon, at $17.
The technicals on this stock look fairly negative,
so I jumped in solely on basis of flip chip future.
Also at closing price of 16 7/8, market cap is now
only $148 million, and Price/Sales Ratio is 0.7.
With volume over 900,000 sh today, will be interesting
to see if there's any follow thru selling tomorrow.
My guess is whoever was selling cleaned out his book
today, especially with way stock stumbled at end of
the day...kinda like, 'whatever we can't sell at 17
and change we'll just dump whatever's left at the end
of the day.' Tomorrow should see a bounce from bargain
hunters. Just my two cents.
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