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: ROSARIO who wrote (342)	11/15/1998 9:24:00 PM
From: Kevin McKenzie	of 461

How would you play this deal?? Absolutely no idea. A market sell order before open sounds very risky. You almost have to camp on the quote screen to play this. If it opens way down, it will probably drift lower and lower, but at some point will surge (chances are it will surge above the open price, but will then start back down again.) I really have no idea. I will probably buy it if it reaches a price below 4 or 5 dollars, because the market will move it back up. So if I already owned it, I, personally would wait; but that wait could be an awful nail-biter. It could open and $12 (hypothetically) and fall down to $5 before it surges. Good luck to longs and shorts in playing this. (I mean that, sincerely, not trying to rub salt or anything.)

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