Advanced Fibre (AFCI) ** IPO Message Board

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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: David Busch who wrote (1031)	10/9/1998 1:18:00 PM
From: Robert Einstein	Read Replies (2) of 3299

Mr. Busch, This is one very JUICY turkey. 1st Q1998 sales 85.7 mil 2ndQ1998 sales 85.3 mil 3rd Q we will find out monday Cash assets as of June 30th 1998 104 mil recievables 64 mil payables 24 mil pension liability none. 27% of thteir business comes from abroad. The dollar finally comming from its insanely high levels will help. Auto execs feels dollar yen should be 1 to 95 maybe 105 and no more. The problem is not with AFCI .The crooked CEO is gone. He was not a founder. The problem is nobody wants to buy small caps, but this is where the value is. and when the rates are cut , small caps go a lot higher than "blue Chips" Based on the above my target $20 plus long before Dec 1999

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