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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: E_K_S who wrote (1367)12/11/1998 10:13:00 PM
From: Douglas V. Fant  Read Replies (1) of 3299
 
Erric, Thanks for posting the article. Mr. Green made a number of positive comments. That may account for the strength in this stock during this sideways action in the market.... Guys and gals- don't lose faith. I had a similar stock AFLX, a flip chip/flex manufacturer that everyone counted for seriously ill given the market in DD's. In fact it fell to $2 1/2 share last fall all the way from $30/share in late 1997.

Most almost every one lists AFLX as a "sell". Well last quarter AFLX announced design wins inter alia for Dell and Samsung and rose steadily to $9 1/2/share and has since fallen back to $7 3/8ths share on a pullback- still a pretty stout run in only nine weeks.

Just my instincts but AFCI is like AFLX in that it has a good product (actually AFLX has a good process- manufacture of flip chips), and the telcomm markets generally look good demand wise out the next five years (as do flip chips important in minitiarizing electronic goods)....

So I feel that AFCI is a good turnaround potential one or two bagger in 1999....

Sincerely,

Doug F.
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