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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: Ultimate Investor who wrote (1017)10/7/1998 2:41:00 PM
From: Sandie  Read Replies (1) of 3299
 
Glad to see you plowing your DeePSIX profits into another worthy endeavor...are you sure there isn't a greater fool sign pinned to your back <g>?

Short term "technical" disturbances such as margin calls and institutional activity notwithstanding, we're looking at a PE of 8 with, conservatively, 50-60% growth. So who can lose? Right?

Again, my only paranoia is that there's something out there which the market knows and which has yet to be shared with me, something on the order of fraud. I don't know about you, but when it comes to bad news, the market always saves me for last. I think it just hates to spoil my day.
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