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Technology Stocks : ADFLEX SOLUTIONS ( AFLX )

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To: P.Prazeres who wrote (377)6/4/1998 11:18:00 PM
From: Ron Kline  Read Replies (1) of 718
 
I think it's not so much that they new what was coming but they responded to the stock taking a dive. If they were up on the company they should have told people to take profits when it was 50% higher. The fact that they just respond to a stock going down shows that they really do nothing to help the readers of II to have any advantage over blindly buying a stock. I have felt that II is a very dangerous place to follow investment advice no matter what they say about beating the averages. Most of their picks are extremely volatile, and if you don't buy all of them in small small amounts, chances are you've picked the 1/3 that go down 50% or more. Just look at TRIIE, my latest issue of June says to buy at $9, now 50% lower. Here is their latest quote from the June issue for AFLX:

"Blankenship thinks the company's expanding profit margins will produce strong earnings and a share price of $30. Our opinion: ADFlex does indeed seem undervalued; the stock's p/e, based on 1998 consensus earnings estimates of $1.50 a share, is 12; competitor Smartflex Systmes trades at 17. ADFlex trading at 18.88 is a buy."
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