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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: Douglas V. Fant who wrote (1320)12/9/1998 7:51:00 PM
From: margin_man  Read Replies (2) of 3299
 
Douglas,

March 12.5 99 option is way out of the money so if the stock drops in
price the option won't drop much. Time value is all it has now.
If you see a slight increase in value, maybe people are buying it (the
option).

Last three sessions, AFCI closed at or near the low of the day. It's
not a good sign. The price is penetrating the lower band of B. bands.
Until it bounces off, I would not add anymore.
I owned more than 1K of AFCI until last Friday when my PAIR dropped.

Regards,
P.
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