Advanced Fibre (AFCI) ** IPO Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Fibre (AFCI) ** IPO

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Shread who wrote (478)	5/26/1998 2:52:00 PM
From: Wizard	Read Replies (1) of 3299

There is supposedly a short service which has reccommended a short of AFCI based on Q1 growth of A/R. They are going strictly by the reported number and have not bothered to figure out why the A/R has done what it has... Why now and not after Q1 was reported is not clear... The balance sheet did look poor last quarter. If they are having trouble getting their int'l customers to pay, then the stock deserves to go down. AFCI has international customers and payments are less secure than a domestic equipment provider. Whether the A/R stretch matters to Q2 is the ultimate question. I don't know the answer but my inclination is to play the odds and believe AFCI's excellent managment team can manage around it. AFCI is not without a considerable amount of risk however. Good luck.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next