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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: Arthur Radley who wrote (308)11/14/1998 2:23:00 PM
From: Ted Gregg   of 461
 
Another Post from Yahoo:

Will the last one to leave please turn off the lights?

by: wheredidallthebuyersgo 844 of 844

"I am sorry you have deluded yourself into thinking this is as good as AOL or EBAY. If anyone is dumb enough to pay over 5 bucks for this stock on Monday or anytime in the near future, they should have their head examined. There are no fundamentals to support anything above where it closed on Wednesday. And, no, I am not a market maker, nor am I short on this stock. I am merely an observer who is fascinated by the herd mentality that drove this stock up, and will cause it to come crashing down. People will be falling all over each other on Monday to get out before it goes back to $2-1/2. Takeovers, mergers and acquisitions??? GET REAL. Don't blame Nasdaq for doing their job after recognizing the craziness happening in this stock's trading and halting the insanity before MORE people got burned. "

Below is the URL to the AVCO insider history. They seem to think $8-$12 was a good price to sell. Do you think they would have sold some Thursday? Are the Jensons making vacation plans this weekend with their Monday sales? There may have been a few 144's filed Thursday & Friday.

biz.yahoo.com
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