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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: J. Stone who wrote (1001)10/5/1998 10:59:00 PM
From: KellyW  Read Replies (2) of 3299
 
I know this company fairly well as I do a little business with them. I bought a bunch at 6 1/2 and will buy a lot more as soon as I get some money freed up, hopefully by month's end. It's not like AFC isn't making money and growing. They are making money and growing. Okay, not at 100% year to year, but 60% year to year. Voice to voice needs/desires in 3rd world countries are significant. AFC has the best solution for that space, (quality and affordability). The capital crunch in those countries is a problem, but short to mid term.
And even so, AFC is still successful. After earnings, end of this month, AFC could easily pop to $10.00. I kind of laugh when I see people lamenting, "Gee, think it could go to two or three bucks a share?" I say, "I wish like hell it would! So I could back up the truck!"

Nope. I'm never that lucky. It'll go to $10.00 before it craters to $3.00.
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