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Technology Stocks : Advanced Fibre (AFCI) ** IPO
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To: SteveG who wrote (559)7/1/1998 10:26:00 AM
From: Greg Jung   of 3299
 
< Careful, could get worse > the 58% cut takes
this hardware manufacturer from the extremely overvalued
to greatly overvalued. Trailing PE now near 30, trailing PS
now 5.
Margins had been at 13% nothing to write home about.
CEO resignation is fishy.

My condolences.

Greg
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