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Technology Stocks : Avtel Communication (AVCO)
AVCO 2.120+2.4%Oct 31 3:59 PM EST

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To: SouthFloridaGuy who wrote (230)11/13/1998 10:56:00 AM
From: Ted Gregg  Read Replies (1) of 461
 
Luckily I was able to short AVCO at 3:58 yesterday. Today I placed an order to cover at $3.

All you longs:

If you now know the truth about AVCO's NO NEW technology would you buy this at $3 when it was $2.25 two days ago?

There will be a lot of longs wanting their "profits" when ADVO starts trading again. I am sure the insiders who own 80% of the shares were NOT buying yesterday but surely they would like to sell a few shares now, if they can.

IMHO, Ted
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