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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: The Philosopher who wrote (251)11/13/1998 3:37:00 PM
From: Ted Gregg   of 461
 
Due to the halt & possible greater shares for sale from insiders & profit takers, I believe it will open $5 tops.

Low for the day, and new 52 week, $1.50

I think AVCO's hope for good PR & increased value in their holdings will result in a disaster they are now sweating.

As an insider I would be willing to help the MM's to cover any short position they may still have. Not too many others will be buying. Not too many were able to short due to low float and the buying frenzy.

Being short AVCO helps me look forward to a comfortable weekend.
I hope the longs can somehow find comfort also.

Goodnight, Ted
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