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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Mr_Merck who wrote (22098)1/14/1999 10:48:00 PM
From: Teri Garner  Read Replies (1) of 120523
 
AFCI - I listened to the Bloomberg interview w/the NationsBank analyst today on why he upgraded AFCI to 'BUY'. He mentioned that the company is turning the corner after a tough 98 and will report significant sequential revenue growth. He also mentioned the stock has based nicely for 6 months and risk is relatively low compared to many high fliers out there. And finally, he did say that he wouldn't be surprised to see CSCO showing sincere interest in acquiring AFCI.

(BTW, AFCI has $100 mil in cash and zero debt)
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