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Technology Stocks : ADFLEX SOLUTIONS ( AFLX )
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To: Douglas V. Fant who wrote (302)3/24/1998 4:43:00 AM
From: BUFFY Z  Read Replies (1) of 718
 
I talked to Lisa with Adflex investor relations on monday, she told me that Needham & Co. did downgrade the stock from a strong buy to a buy. I asked her the reason and she said she thought it was a group downgrade cuz of the JBIL warning. She told me she should be getting the updated research report from Needham and she would call me back and let me know the reason for the downgrade in the report. I also asked her about the quarter, but she could not comment cuz they were in their quiet period. She did say that the CFO said that they were comfortable with the earnings estimates for the quarter. I think a few people have reported this before on this thread or the Yahoo thread. Support has been for the stock around 14 1/2 to 15, i can't imagine it going any lower than this w/o any bad news reported by the company. In fact, it is trading like it had just warned. I bought more friday in the upper 14's and low 15's, i think i got a steal. I think over time, i am going to make lots of money off these purchases. Just keep one thing in mind, it is going to be a volatile ride so this stock or any tech stock is not for the faint of heart. Take a look at ICST, could be even a better buy than AFLX at these prices, do your own research though.

Buffy Z
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