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Technology Stocks : ADFLEX SOLUTIONS ( AFLX )

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To: Maurice S. Green who wrote (13)	11/19/1996 4:30:00 PM
From: k.p. chen	of 718

Rick, I can't make it on Thur. Just read AFLX'10Q, filed on 11/14. They are in effective default on their creidt lines,and seems to head for trouble for the next few Q. I'm in TFS, and CCIR, with huge paper losses (greed prevented me from making good profits from them. Big lesson). Out of AFLX with AFLX. I think TFS will be back in 97. A tech expert in Motorola who visited TFS told me the new facility is fantastic. I have a freind who works for IPEC. He said things are pretty bad there. Please give me some input on IPEC after you attend the meeting. kp

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