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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 Osprey who wrote (325)11/14/1998 7:57:00 PM
From: Tommy Hicks   of 461
 
C'mon scam may be a little harsh compared to some of the companies on SI that have been given that label. I don't own nor am I short this stock. I can, however, find SEC filings concerning this company and it does appear that they are engaged in legitimate business operations. The book value is around $.48, so I guess the stock price will be determined by the "potential" of the recent press release. My "guess" is that the stock price will settle around $3.00, which is a nice increase for those that owned the stock before the release. My congratulations go out to them for their gains!

th
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