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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: Roy F who wrote (1030)10/9/1998 9:23:00 AM
From: David Busch  Read Replies (3) of 3299
 
I haven't heard much about RELTEC on this thread. After doing a little research it seems as though this company is a formidable competitor of AFCI, and with RELTEC's TCI and now Sprint announcement without anything in response from AFCI seems to be a reason for concern.

I think the next earnings announcement will be critical to moving this stock short term. If they hit .08 they gave in guidance perhaps they will get back a little credibility. Otherwise this turkey is going to be around long after Thanksgiving. BTW, does anyone know how much cash AFCI has per share? That should at least give us some clue what the bottom will be.
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