Avtel Communication (AVCO) Message Board

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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: LTK007 who wrote (311)	11/14/1998 3:17:00 PM
From: Just My Opinion	Read Replies (1) of 461

You may be right concerning the company's news release, and their intentions for the play on internet fever. (of course you could be wrong too) I don't know that I can agree that the intention was to rip people off. Who can say with certainty (except them) why they made the release the way they did? I think that the cnbc factor has made it difficult now to make any judgement on that. Things aren't as clear now as they may have been. For example, lets say that they (the company) issued stock or sold stock at 26 dollars. Couldn't that be considered a pretty smart move? They need money, this rise came from "TV heaven", they took advantage of it. It will be interesting to see what happens next week. What conclusion(s) will be drawn if for some reason (crazy or not) the stock stays at or close to these levels?

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