Advanced Fibre (AFCI) ** IPO Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Fibre (AFCI) ** IPO

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BuckiFan who wrote (1246)	12/2/1998 12:36:00 PM
From: CChalmers	Read Replies (1) of 3299

My current AFCI holding was acquired exactly the same way, except I started at 12. I first started with AFCI at close to 40 early this year, rode it down, then made my losses up between 5 and 10. Then I left and after a few weeks, and listening to the last conference call, came back with a long term view. That's why I've kept picking it up as it dropped. Others as well as myself have opined that recent days reflect market makers and funds shaking out small investors who can not stand the lull. Someone did an analysis of trades and found they were, on average, small. Great news of course could provide some turbo, but frankly I think it may just trend sideways or mildly up for quite awhile. Long term I think it will do well. One very interesting thing I'd like to know about is the business reason for the investment in a start up that AFCI made about two months ago. Very little press, except the announcement that AFCI was in a round of investment.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next